NEW DELHI: Foreign investors pulled out a massive Rs 94,000 crore (around $11.2 billion) from the Indian stock market in October, making it the worst-ever month in terms of outflows, triggered by the elevated valuation of domestic equities and attractive valuations of Chinese stocks.
Before this, foreign portfolio investors (FPIs) withdrew Rs 61,973 crore from equities in March 2020.
The latest outflow came after a nine-month high investment of Rs 57,724 crore in September 2024.
Esta historia es de la edición New Delhi 04November2024 de Millennium Post Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición New Delhi 04November2024 de Millennium Post Delhi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Trump taps Rollins as agriculture chief
President-elect Donald Trump said Saturday that he will nominate former White House aide Brooke Rollins to be his agriculture secretary, the last of his picks to lead executive agencies and another choice from within his established circle of advisers and allies.
New Election Commission sworn in B'desh
Bangladesh's newly appointed Chief Election Commissioner AMM Nasir Uddin and four other commissioners were sworn in on Sunday nearly three months after the resignation of the previous commission as deposed prime minister Sheikh Hasina's regime was toppled in a student-led mass upsurge.
Rising price of paying national debt a risk for Trump's promises on growth, inflation
The higher cost of servicing the debt gives Trump less room to maneuver with the federal budget as he seeks income tax cuts
Islamabad locked down ahead of planned protest by Imran Khan's party
Pakistan deployed heavy security forces in the national capital, sealed key roads and suspended mobile and internet services in certain areas as supporters of jailed former premier Imran Khan Sunday geared up for a protest march towards Islamabad.
Earth bids farewell to its temporary 'mini moon'
POSSIBLY CHUNK OF OUR ACTUAL MOON
Hezbollah fires over 180 rockets, Other projectiles into Israel
AT LEAST SEVEN PEOPLE WERE INJURED
Japan holds Sado mines memorial despite South Korean boycott amid lingering historical tensions
SADO: Japan held a memorial ceremony on Sunday near the Sado Island Gold Mines despite a last-minute boycott of the event by South Korea that highlighted tensions between the neighbors over the issue of Korean forced laborers at the site before and during World War II.
COP29: Absence of 'no vote' on climate finance deal doesn't mean it's a win for all
Evans Njewa, chair of the 'Least Developed Countries' (LDCs) group, called it a disappointing outcome
Uruguay's once-dull polls has become dead heat in presidential runoff
Uruguayans went to the polls Sunday for a second round of voting to choose their next president, with the conservative governing party and the left-leaning coalition locked in a close runoff after failing to win an outright majority in last month's vote.
Sometimes cinema can be closer to poetry than prose
Filmmaker Payal Kapadia opens up about her film 'All We Imagine As Light'
