FPI money

FPIs net sellers of Indian equities worth Rs 6,427 cr in May so far

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FPIs net sellers of Indian equities worth Rs 6,427 cr in May so far

NEW DELHI: Foreign portfolio investors (FPIs) pulled out Rs 6,452 crore so far in May from Indian markets amid tumbling investor sentiment due to the second wave of the COVID-19 pandemic. As per depositories data, the overseas investors pulled out Rs 6,427 crore from equities and Rs 25 crore from the debt segment during May … Read more

14 stocks that are likely to gain from FTSE’s rebalancing on Friday

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14 stocks that are likely to gain from FTSE’s rebalancing on Friday

MUMBAI: Stocks such as Mindtree, Varun Beverages, Hindustan Aeronautics, Honeywell Automation, Astral Poly Technik and Apollo Hospitals among others could advance on Friday as index provider FTSE is set to include them in its midcap index. These stocks are likely to see an inflows between $20 million and $80 million on Friday. Indian equities could … Read more