FPIs selling spree continues; pull out Rs 5,800 crore from equities in November

Foreign Portfolio Investors (FPIs) have continued to sell Indian equities, with over Rs 5,800 crore being dumped this month due to rising interest rates and geopolitical tensions in the Middle East. This trend started in September and has continued into November, although the intensity of selling has decreased. Experts believe that the selling trend may not continue as the US Federal Reserve has indicated a dovish stance.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6NfyBCh