FPIs Pull Out ₹34,843 Crore From Indian Equities in October, but Turn Net Buyers End of the Month
Foreign investors bought back about Rs 6,300 crore late in the month as the US Federal Reserve held rates and large-cap valuations looked attractive.
8 Articles
8 Articles
FPIs pull out Rs 34,843 cr from equities in Oct; turn net buyers
Foreign portfolio investors (FPIs) withdrew Rs 34,843 crore from Indian equities in October, marking the second consecutive month of heavy outflows due to concerns over crude oil prices, global interest rates, and corporate earnings. However, a notable shift occurred towards the end of the month, with FPIs turning net buyers and infusing approximately Rs 6,300 crore between October 26-30.
FPIs pull out Rs 34,843 cr from equities in Oct; turn net buyers last week
Amidst rising economic fears, foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October. Although they had made significant contributions in July and August, outflows continued through September. By late October, a turnaround occurred as foreign investors became net buyers, infusing approximately Rs 6,300 crore into the market. Support from domestic institutional investors provided much-needed stability as all eyes tur…
Foreign portfolio investors sold shares worth ₹34,843 crore in October. However, they invested ₹6,300 crore in the last week of the month, helping the Nifty regain the 23,000 level.
The flow of investment from the Indian investment market is not only increasing day by day, but it is also having a major impact on the investment market, the value of the rupee, and the economy. Meanwhile, there is no reason for foreign investors to retain their investment in the Indian investment market. Due to the rise in crude oil prices,
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
