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.
Denne historien er fra October 14, 2024-utgaven av Millennium Post Delhi.
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Denne historien er fra October 14, 2024-utgaven av Millennium Post Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Don't let expectations affect me
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