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Indices find their feet as FPIs step off the gas pedal
July 06, 2022
|Business Standard
Overseas investor selling falls to a third in past fortnight
Foreign portfolio investors (FPIs) have taken helping markets find their sea legs after a brutal sell-off that saw key indices drop to 13-month lows last month.
In the past fortnight, the average daily selling by overseas funds has moderated to less than ₹1,400 crore, compared with nearly ₹3,500 crore in the preceding fortnight. This has helped markets stage a comeback.
Since June 17 - when the Nifty had ended at its lowest levels since May 2021 the market has surged nearly 5 per cent after dropping close to 8 per cent in the previous fortnight.
هذه القصة من طبعة July 06, 2022 من Business Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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