India Business News: NEW DELHI: Foreign portfolio investors (FPIs) have recently become net sellers in Indian stocks as they cumulatively sold stocks worth Rs 5,254 crore,.
Selling by the big bulls restrained the upside in benchmark indices, as the BSE Sensex clocked just 0.3% gains. However, FPIs turned net buyers in March after being net sellers in both January and February
Foreign Investors Make Beeline For Indian Stocks, Turn Net Buyers In November; Outlook Seems Firm freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Foreign investors were net sellers on the Ho Chi Minh Stock Exchange (HoSE) in October to the tune of 1.59 trillion VND (64.4 million USD), according to the major bourse.
The latest outflow came after FPI investment in equities had hit a four-month low of Rs 12,262 crore in August. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.