'FPI buying in Indian shares slows to four-month low in August'
Wednesday, 6 September 2023 Foreign portfolio investor (FPI) inflows in Indian equities were at a four-month low of INR 122.62 billion ($1.48 billion) in August, with FPIs turning net sellers in financial services and metals due to concerns over economic recovery in China. However, FPIs bought shares worth INR 115.25 billion on a net basis in the second half of the month, suggesting a recovery in inflows.
After infusing Rs 40,000 crore each in the past three months in Indian equities, foreign portfolio investors (FPIs) have slowed down the pace of inflows to Rs... IndiaTimes
Wednesday, 6 September 2023
