Foreign portfolio investors offload Indian stocks worth over Rs 6,000 crore in April
The Business Guardian|April 29, 2024
Foreign portfolio investors (FPIs) have turned F net sellers in Indian stocks lately, after the latest geopolitical crisis in West Asia, which has likely pushed investors to take money off their portfolios.
Foreign portfolio investors offload Indian stocks worth over Rs 6,000 crore in April

Foreign portfolio investors (FPIs), who continued to remain net buyers for the third month this year until a few days ago in April, have cumulatively sold stocks worth Rs 6,304 crore, National Securities Depository Limited (NSDL) showed.

VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said the prospects of early rate cuts by the US Fed are receding with rising core inflation in the US.

"This will keep US bond yields high, triggering more FPI outflows in both equity and debt," said Vijayakumar.

この蚘事は The Business Guardian の April 29, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は The Business Guardian の April 29, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

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