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Fed decision to slow pace of rate cuts hits Indian stocks
Mint New Delhi|December 20, 2024
The Fed's decision to slow the pace of rate cuts sent shockwaves through Indian markets on Thursday, with investors reacting to low volumes and significant foreign portfolio investor (FPI) selling. FPIs sold shares worth a provisional ₹4,224.92 crore, while domestic institutional investors purchased ₹3,943.24 crore worth of equities.
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investors at the helm amid low volumes," Jasani added. FPIs sold shares worth a provisional ₹4,224.92 crore on Thursday, while domestic institutional investors net purchased ₹3,943.24 crore worth of equities.

FPIs are likely to have raised fresh shorts in derivatives to account for the fall, but data supporting this was not released by NSE until press time.

هذه القصة مأخوذة من طبعة December 20, 2024 من Mint New Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

Fed decision to slow pace of rate cuts hits Indian stocks
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هذه القصة مأخوذة من طبعة December 20, 2024 من Mint New 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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