FPIs turn net sellers; pull out Rs 21,201 crore from equities in August so far
Sunday, 18 August 2024 () Foreign investors sold Rs 21,201 crore worth of shares in Indian equity markets in August, following continuous inflows in June and July. The selling was driven by global factors such as the unwinding of the yen carry trade and recession fears in the US. Domestically, high valuations and mixed earnings contributed to the outflows.
FPIs withdrew Rs 25,586 crore in May on poll jitters and over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a... Zee News
Foreign Portfolio Investors (FPIs) withdrew over Rs 13,400 crore from Indian equities in August, reversing prior investments. The outflow was driven by the... IndiaTimes
Sunday, 18 August 2024 ()
