Essayer OR - Gratuit
Foreign portfolio investors turn net sellers in Nov but pace slows
The Business Guardian
|December 02, 2024
V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, "It appears that they are likely to turn out consistent buyers only when the market corrects further and valuations become attractive."
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Foreign portfolio investors (FPIs) have turned net sellers in Indian stock markets for the second straight month in November.
They were net buyers in the past four months on a trot through September.
Data made available by National Securities Depository Limited showed that FPIs had sold stocks worth Rs 21,612 crore in November. In October, they sold Rs 94,017 crore.
Important to mention is that the total stocks they sold in India in October were the highest ever in a month.
Cette histoire est tirée de l'édition December 02, 2024 de The Business Guardian.
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