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FPIs turn net sellers amid rising dollar

Mint Bangalore

|

December 23, 2024

After two weeks of buying, foreign portfolio investors (FPIs) turned net sellers in Indian equities last week, with a net withdrawal of ₹976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.

FPIs began the week on a positive note, investing ₹3,126 crore in equities during the first two trading sessions (16-17 December). However, the trend reversed in the lat

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