Saturday, November 30

Foreign portfolio investors outflows cross Rs 10k crore mark in September

Foreign portfolio investors have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.7 lakh crore during the period.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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