Followers

Sunday, August 18, 2024

FPIs turn net sellers; pull out Rs 21,201 crore from equities in August so far

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.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/K0q4EXx

No comments:

Post a Comment

Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...