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The data highlights that the total investment by FPIs in the Indian markets also crossed Rs 1 lakh crore this year and according to NSDL stands at Rs 103,934 crore
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The first week of June was marked by extreme volatility in FPI flows, largely influenced by the exit polls and the actual election results and on 3 June, buoyed by the optimistic exit poll results, FPIs made substantial equity purchases of Rs 6,521 crore
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The consistent offloading of money from Indian stocks is partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties
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100 per cent NRI-owned funds allowed to be set up in India's tax haven GIFT City, allowing them to pump more money into stock markets
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