FPIs Resume Selling; Pull Out Rs 7,443 Cr From Equities in First Week of Sep
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7 Articles
FPIs resume selling; pull out Rs 7,443 cr from equities in first week of Sep
September witnessed a notable outflow of Rs 7,443 crore from Indian equities as foreign investors retracted their investments, a stark contrast to the previous months' inflows. Contributing factors include increasing crude oil prices and robust US bond yields affecting investor confidence. Meanwhile, India's primary market still captivates foreign funds, showing resilience in attracting capital.
According to NSDL data, FPIs had earlier invested Rs 29,600 crore in Indian stocks in August and Rs 20,200 crore in July.
FPIs resume selling; pull out Rs 7,443 cr from equities in first week of Sep - OrissaPOST
New Delhi: After investing in Indian equities for two consecutive months, foreign investors turned net sellers in the first week of September, pulling out Rs 7,443 crore as a rebound in crude oil prices, rising US bond yields, and a firm dollar dented risk appetite. The outflow came after Foreign Portfolio Investors (FPIs) infused over […]
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