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.
This story is from the New Delhi 04November2024 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the New Delhi 04November2024 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
'Somehow the role DIDN'T EXCITE ME'
Bollywood actor Sonu Sood recently shared that Salman Khan had offered him the role of Chhedi Singh’s brother in ‘Dabangg 2’
Prime Video debuts first teaser of 'Paatal Lok' S2
The short clip offers a glimpse at Ahlawat as Hathi Ram, teasing a new mystery
GOVT CUTS GAS ALLOCATION FOR LPG, DIVERTS TO CITY GAS RETAILERS
The government has redirected a portion of low-cost natural gas, traditionally used for LPG production, to city gas retailers to support compressed natural gas (CNG) and piped cooking gas supplies.
Over 400 flights delayed as thick fog engulfs Delhi
More than 400 flights were delayed at the airport in the national capital on Friday morning as low visibility conditions due to dense fog disrupted operations, according to an official.
Will take necessary measures to protect interests: India on China's proposed dam
In response to China’s announcement of plans to construct the world’s largest dam on the Brahmaputra River in Tibet, India has reiterated its commitment to safeguarding its interests. External Affairs Ministry spokesperson Randhir Jaiswal confirmed that India would continue to monitor the situation closely and take necessary measures to protect its concerns.
Madrid after Trent but Slot says he's a Reds man
Trent Alexander-Arnold is fully committed to Liverpool, manager Arne Slot said Friday, amid interest in the England right-back from Real Madrid.
ALLU ARJUN GRANTED REGULAR BAIL IN STAMPEDE DEATH CASE
A local court on Friday granted regular bail to renowned Telugu actor Allu Arjun, who is an accused in the case linked to the tragic death of a woman during a stampede at the premiere of his latest film, Pushpa-2.
NEW ONSCREEN PAIRS IN BOLLYWOOD IN 2025
Fans are excited to see Salman Khan & Shahid Kapoor in fresh pairings
Andrew Garfield denies 'Spider-Man 4' casting rumours
British star Andrew Garfield dismissed speculations that he will be making an appearance in Marvel Studios' upcoming movie 'Spider-Man 4'.
'Maddock Films' Announces New Slate of Films
'Thama' is the first movie to be released in theatres on Diwali 2025 from the production banner's slate
