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Indices find their feet as FPIs step off the gas pedal
Business Standard
|July 06, 2022
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.
Bu hikaye Business Standard dergisinin July 06, 2022 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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