FPIs Turn Net Sellers in September, Pull Out Rs 7,443 Crore From Indian Equities
6 Articles
6 Articles
The impact of crude oil price hike and tension between America and Iran has once again been seen on foreign investors and they have sold heavily from the Indian market in the first week of September.
Although the dominance of foreign investors in the Indian stock market has declined significantly, investments by this segment continue to be a major factor in determining the trend in the market. In this situation, foreign investors, who have been investing in the Indian stock market for the past 2 months, have started showing their work with the beginning of September. September
Mumbai, Sep 6 (IANS) The cautious approach of foreign investors in the Indian stock market continued last week as well. According to analysts, foreign institutional investors (FIIs) remained net sellers for the third consecutive week, while domestic institutional investors (DIIs) continued to buy, providing significant support to the market. Pabitro Mukherjee, Deputy Vice President, Research, Bajaj Broking, said that last week, FIIs made net wit…
After two months of heavy buying, foreign investors (FPIs) withdrew ₹7,443 crore from the Indian stock market in the first week of September. Investor confidence has been dented by rising crude oil prices and a strong dollar.
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