April proved to be a good month for the Indian equity markets, as both mutual funds and foreign investors ploughed in significant funds, sending the benchmark indices — Sensex and Nifty — 4% higher.
Mutual funds bought ₹17,000 crore worth of stocks in the Indian secondary market, alongside ₹10,400 crore FII buying, showed a report by Nuvama Alternative & Quantitative Research.
