NEW DELHI, July 17: Foreign investors continue to be cautious about the Indian equity market and have pulled out over Rs 7,400 crore this month so far amid sustained strengthening of the dollar and increasing concerns over a recession in the US. This comes following a net withdrawal of Rs 50,203 crore from equities in June. While foreign portfolio investors (FPIs) have slowed down their pace of selling, this does not indicate a change in trend as there has not […]
The massive capital outflow has also contributed to the depreciation in the rupee, which breached the 79-mark against the US dollar for the first time last week.
Foreign portfolio investors (FPIs) have now pulled out around Rs 2.2 lakh crore from domestic equities in the first six months of 2022 the highest-ever net withdrawal by them. Before that, Get more Markets News and Business News on Zee Business.
NEW DELHI, July 3: Continuing their massive selling spree for the ninth consecutive month, foreign investors dumped Indian shares worth Rs 50,203 crore in June — the highest net outflow in over two years — amid aggressive rate hike by the US Federal Reserve, elevated inflation and relatively higher valuation of domestic equities. Foreign portfolio investors (FPIs) have now pulled out around Rs 2.2 lakh crore from domestic equities in the first six months of 2022 — the highest-ever net […]