The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China.
As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far.
Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.
هذه القصة مأخوذة من طبعة New Delhi 11November2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة New Delhi 11November2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
IIM LUCKNOW IDENTIFIES PROCESSES TO BUILD RESILIENT, INCLUSIVE COMMUNITIES
A research study conducted by faculty at IIM Lucknow has highlighted the importance of empowering marginalized communities to overcome entrenched inequalities while preserving their autonomy in the face of external pressures.
AI-DRIVEN CONTENT RISKS INTEGRITY OF EXAMS: JGU
OP Jindal Global University (JGU) is an Institution of Eminence (IoE) and a non-profit global university established by the Government of Haryana, recognised by the University Grants Commission (UGC). The recognition of an institution which upholds social values and national priorities, has been questioned by the student, Kaustubh Shakkarwar (petitioner) before the Punjab and Haryana High Court.
UGC LAUNCHES PHD EXCELLENCE CITATION TO HONOUR TOP RESEARCHERS
WINNERS WILL BE FELICITATED ON TEACHER'S DAY
Watching Dravid, Williamson I realised I have certain gifts I can use to succeed in T20s, says KL Rahul
India batter KL Rahul revealed he \"tried really hard\" to prove big-hitting prowess early in his career but watching the legendary Rahul Dravid and Kane Williamson stay true to their natural game and succeed in white-ball formats changed his perspective and helped him evolve as a player.
Bopanna-Ebden suffer second straight loss, semis hopes all but over at ATP
Rohan Bopanna and his Australian partner Matthew Ebden's hopes of making the semifinals at the ATP Finals 2024 are all but over following their second straight defeat here on Wednesday.
John is °Pe0ple° magazines °2024 Sexiest Man Alive°
He takes the mantle from last year’s honouree Patrick Dempsey
Boman Irani's directorial debut to be screened at IFFI
Actor Boman Irani is set to make a mark behind the camera with his highly anticipated directorial debut, 'The Mehta Boys', which will be screened at the prestigious 55th International Film Festival of India (IFFI).
'Bandish Bandits' S2 returns on Dec 13
It's been directed by Anand Tiwari
Vicky Kaushal to star in Maddock Films’ movie ‘Mahavatar’
The film will feature him as Chiranjeevi Parashurama
ACT hockey: India look to work on finer points against Thailand
Buoyed by back-to-back victories in as many games, hosts India will look to work on the finer points of the game with an aim to thrash minnows Thailand in the women's Asian Champions Trophy here on Thursday.
