MUMBAI: Foreign investors sold about Rs 94,000-crore ($11.2 billion) worth of Indian stocks in October – the biggest monthly outflow ever – triggered by elevated stock valuations in India and lucrative prices in China, NSDL data showed.FPIs, or foreign portfolio investors, have a huge influence on Dalal Street, and their latest flight has dragged key…
MUMBAI: Foreign portfolio investors have sold Rs 58,711 crore ($7 billion) worth of equity in Oct, being net sellers in all eight trading sessions so far. In Sept, FPI investments had reached a nine-month high of Rs 57,724 crore.FPIs also offloaded Indian bonds, though net bond sales were modest at Rs 709 crore due to…
NEW DELHI: Foreign investors have turned net sellers in Oct, offloading shares worth Rs 27,142 crore in just the first three days of the month due to intensifying conflict between Israel and Iran, a sharp rise in crude oil prices, and improved performance of Chinese stock markets.The outflow came after FPI investment reached a nine-month…
NEW DELHI: After infusing money during the last two months, foreign investors have turned net sellers as they pulled out over Rs 13,400 crore from Indian equities in August so far due to unwinding of the yen carry trade and recession fears in the US.So far this year, FPIs have made a net investment of…
