However, in debt markets, Foreign Portfolio Investors (FPIs) invested Rs 1,500 crore in the country's during the same period.
    
FPIs made gross purchase of shares to the tune of Rs 78,914 crore during June 1-19, while they sold stocks worth Rs 82,248 crore, taking the total net inflow to Rs 3,334 crore, shows latest data from depositories.

"FPIs have been withdrawing money from the domestic capital markets as they are finding China more attractive than India. Besides, FPIs are worried over a slow revival in corporate earnings.
    
"In addition, FPIs are apprehensive that the government would impose a 20 percent Minimum Alternate Tax (MAT) on profits earned by them," UTI Mutual Fund EVP and Fund Manager V Srivastava said.
    
Anand Shah Chief Investment Officer at BNP Paribas said, "there is nothing to worry about FPIs flight from the Indian stock markets. In medium to long-term, India is an attractive place for investment. FPIs will start investing in our markets when issues of Greece and rate hike by US Federal Reserve sort out."
    
Data showing acceleration in industrial production growth and easing of food price inflation and expectations that above-average monsoon rain will improve the odds for further monetary policy easing from Reserve Bank are expected to help FPIs to infuse money, experts noted.
    
During January to April, investments by FPIs totalled Rs 94,241 crore, but month-on-month analysis shows the fund flows are witnessing declining trend.
    
FPI investments in January this year stood at Rs 33,688 crore, before dropping to Rs 24,564 crore in February, Rs 20,723 crore in March and Rs 15,266 crore in April and finally an outflow of Rs 14,272 crore in May. Since January, overseas investors have invested a net amount of Rs 78,244 crore in the capital markets (debt and equities).

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