FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May

FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May

New Delhi: The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties. With over 10 days more to go in May, the latest data from National Securities Depository Limited (NSDL) showed … Read more