Although limited in their presence in India, proxy advisors, which provide research to institutional investors, are a fixture in western markets

As per data from the Securities and Exchange Board of India, they have remained net buyers for five straight months

For FY19, the deficit widened despite a narrowing of the same in the March quarter to 0.7 percent of GDP or USD 4.6 billion, as against USD 27.7 billion or 2.7 percent in the December quarter and USD 13 billion or 1.8 percent in the March 2018 quarter

As per the latest depositories data, foreign portfolio investors (FPIs) pumped in a net amount of Rs 552.07 crore into equities and Rs 9,760.59 crore into the debt market during June 3-21

Foreign portfolio investors (FPIs) have been net buyers for the previous four consecutive months

Share Market Live: IT, Media and Metal were among the most gaining indices of the day, each gaining over 1%, followed by Energy and Realty indices. On the other hand, Bank indices and Financial Services were biggest losers in today's trade, declining over 1%, followed by declines in Auto, Infra and FMCG stocks.

During the period between May 2-10, FPIs invested a net sum of Rs 1,344.72 crore in equities but pulled out a net Rs 4,552.20 crore from the debt market

According to analysts, both domestic, as well as global factors have triggered the positive change, which is likely to remain for some time

Analysts attributed the increase in infusion to a shift in stance on monetary policy outlook by various central banks globally.

In February as well, FPIs were net buyers as they had invested a net amount of Rs 11,182 crore in the capital markets both in equity as well as debt segment.

Latest data from the depositories showed that overseas players pumped in Rs 2,039 crore into equities even as they dumped debt during February till 22.

This comes following a pullout of Rs 5,264 crore by FPIs in January.

India's GDP growth rate in 2010-11, which falls during his second term as the Prime Minister, is the highest recorded, even after the recalibrated GDP data. Recalculated data shows Indian economy growing faster under the Modi government, though.