FPI flow positive for the fourth month in a row – In a surprise move the RBI kept the key repo rate at 5.15% though consensus was for a 25bps cut which dampened sentiments somewhat. However positive global sentiments resulted in positive FPI inflows for the fourth month in a row at Rs.7338 cr. Total flows for 2019 stood at Rs.101,121 cr. as compared to outflow of Rs.33,553 cr. for 2018.
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