Home Business FPIs offload ₹3,412 crore in Indian equities, will the streak streak...

FPIs offload ₹3,412 crore in Indian equities, will the streak streak continue?

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Foreign portfolio investors (FPIs) began November on a subdued note and continued their selling streak, after emerging as net sellers in September and October on a sharp spike in US bond yields amid ongoing geopolitical tensions in the Middle East. FPIs have sold 3,412 crore worth of Indian equities and offloaded a total of 195 crore as of November 3, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data.

 

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Updated: 04 Nov 2023, 05:56 PM IST



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