Essayer OR - Gratuit
Foreign investors pull Rs 28,200 crore from Indian stocks (FPI withdrawals)
The Business Guardian
|May 21, 2024
Foreign investors have withdrawn a substantial Rs 28,200 crore from Indian equities in May 2024, driven by uncertainties surrounding the upcoming general elections and the allure of more attractive valuations in Chinese markets.
-
This withdrawal significantly surpassed the net outflow of over Rs 8,700 crore recorded in April, which was primarily due to concerns over amendments to India’s tax treaty with Mauritius and a persistent rise in US bond yields.
In contrast, foreign portfolio investors (FPIs) had shown positive sentiment earlier in the year, with net investments of Rs 35,098 crore in March and Rs 1,539 crore in February. Moving forward, FPI equity flows are expected to change dramatically in response to the election outcomes. According to VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, political stability post-elections could attract substantial inflows into the Indian market.
Cette histoire est tirée de l'édition May 21, 2024 de The Business Guardian.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Business Guardian
The Business Guardian
Inept CM and an incompetent DGP have pushed towards dark times says Majithia
Senior Shiromani Akali Dal leader Bikram Singh Majithia on Saturday launched a scathing attack on the Punjab government over the deteriorating law and order situation in the state following the daylight murder of a police officer in Majitha and violent clashes inside Kapurthala jail.
3 mins
May 25, 2026
The Business Guardian
FUEL PRICE HIKE LIKELY IF GLOBAL OIL PRESSURE CONTINUES: EX-BPCL DIRECTOR HR
Raj Kumar Dubey says prolonged oil volatility may force fuel price hikes and accelerate India’s green energy push.
2 mins
May 25, 2026
The Business Guardian
Assam BJP to felicitate 82 newly-elected MLAs
Following the Bharatiya Janata Party’s historic victory in the recently concluded 2026 Assam Legislative Assembly Elections, BJP Assam Pradesh has now geared up for a grand felicitation ceremony to honour the 82 newly elected Members of the Legislative Assembly.
1 min
May 25, 2026
The Business Guardian
The Timeless Value of Truth
Honesty is one of the most respected virtues in human life. It builds trust, strengthens relationships, and creates inner peace.
2 mins
May 25, 2026
The Business Guardian
Tractor industry growth to remain flat in FY27: YES Securities
India’s tractor industry is expected to see a phase of volume consolidation in FY27 due to a high base effect, price hikes and normalization of subsidy-led demand, though long-term structural drivers for growth remain strong, according to a sector update report by YES Securities.
2 mins
May 25, 2026
The Business Guardian
Congress slams Modi government over Rubio's remarks
Congress leader Jairam Ramesh on Sunday targeted the Modi government over US Secretary of State Marco Rubio's remarks that India has committed to purchasing USD 500 billion in US goods over the next five years and asked why it has not renounced the “anti-people, dangerous trade deal” with the United States like some other countries have done.
1 mins
May 25, 2026
The Business Guardian
Motorcycle-borne assailants open fire at ex-serviceman's house in Hoshiarpur village
Panic gripped Manolian village in Hoshiarpur district after unidentified motorcycle-borne assailants allegedly opened fire at the house of a deceased ex-serviceman in the early hours of Sunday.
1 min
May 25, 2026
The Business Guardian
Punjab to build Rs 43.66 crore Yuva Bhavan in Chandigarh, launches sports portal
The Punjab Government on Sunday announced the construction of a modern ‘Punjab Yuva Bhavan’ in Sector 42, Chandigarh, at an estimated cost of Rs 43.66 crore as part of its push to strengthen sports and youth infrastructure in the state.
1 min
May 25, 2026
The Business Guardian
The Incredible Glory, Tradition, and Divine Faith of Mehandipur Balaji Dham
In the heart of Rajasthan’s Dausa district, the narrow roads leading to Mehandipur Balaji Temple remain crowded from dawn till night with devotees carrying offerings, prayers, and silent expectations.
3 mins
May 25, 2026
The Business Guardian
HEDGE FUNDS RAMP UP AI BETS AS CHIPMAKERS BECOME WALL STREET'S TOP PICK
Global hedge funds boosted bets on AI-linked semiconductor and tech firms in Q2 2026, driven by strong optimism around the artificial intelligence boom.
1 mins
May 25, 2026
Listen
Translate
Change font size

