BENGALURU – Foreign portfolio investors (FPIs) offloaded Indian equities worth 150.68 billion rupees ($1.85 billion) in the first half of January, the most since the end of September 2022, data from National Securities Depository Ltd. showed. The selling coincided with a slide in equity benchmarks, with Nifty 50 falling nearly 1% between Jan. 1 and … Read more
NEW DELHI: Banking and IT are the two sectors, which saw a bulk of foreign equity outflows on a trailing 12-month basis. In its latest report, said the bulk of the FPI selling on a 12-month rolling basis has been concentrated around financials and IT, with a 93 per cent contribution along with FMCG, other … Read more
Over the last eight months, foreign portfolio investors (FPIs) have dumped Indian stocks at a pace comparable only with that of the Global Financial Crisis, with their net sales crossing the Rs 2 lakh crore mark earlier this month. There are several factors prompting overseas investors to exit Indian stock markets in droves. Stretched valuations, … Read more
NEW DELHI: Amid volatile movement in the market, especially given a number of headwinds including inflation and rising interest rates, traders are keen on limiting losses. Moreover, the earnings season that is gathering pace may increase volatility. However, there are some analysts who believe the downside will be limited in the market even if we … Read more