MUMBAI: Investors exiting India have net-sold over ₹2 lakh crore worth of shares this fiscal, setting the stage for what could be the worst year for foreign portfolio outflows on NSE's secondary market.
As US bond yields rose and quarterly earnings disappointed amid lofty valuations, foreign institutional investors (FIIs) net-sold a record ₹1.17 lakh crore in the secondary market in NSE's cash segment in October. This brings total outflows for the fiscal year till 31 October to ₹2.02 lakh crore. Going by November's overall cash market sales, it could cross FY22's record ₹2.8 lakh crore outflows by the end of the fiscal year.
Diese Geschichte stammt aus der November 27, 2024-Ausgabe von Hindustan Times.
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