FPIs withdraw ₹58,711 crore from equities in Oct so far
Millennium Post Delhi|October 14, 2024
The outflow came following a nine-month high investment of Rs 57,724 crore in September
FPIs withdraw ₹58,711 crore from equities in Oct so far

NEW DELHI: Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market.

The outflow came following a nine-month high investment of Rs 57,724 crore in September.

Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May.

Overall, FPIs have been net buyers in 2024, except for January, April, and May, data with the depositories showed.

هذه القصة مأخوذة من طبعة October 14, 2024 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.

هذه القصة مأخوذة من طبعة October 14, 2024 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.

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