Foreign portfolio investors (FPIs) have withdrawn Rs 26,533 crore from the Indian stock markets so far this month. Due to weak quarterly results of companies and the high valuation of domestic stocks, FPIs are investing in the Chinese market. Due to this, they are continuously selling in the Indian market. …
Read More »So far in November, FPI has withdrawn Rs 22,420 crore from the stock market, will the selling stop now?
Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month due to high valuations of the domestic stock market, rising allocations to China, and a rise in the US dollar as well as treasury yields. With this sell-off, foreign portfolio investors (FPIs) have …
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