fpi outflows

Indian Rupee Hits Fresh All-Time Low of 84.30: Will It Fall Further, How Does It Impact You?

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Indian Rupee Hits Fresh All-Time Low of 84.30: Will It Fall Further, How Does It Impact You?

Last Updated:November 07, 2024, 10:25 IST The rupee hit its fresh all-time low of 84.30 to a dollar on Thursday, amid FPI outflows and expectations that Donald Trump’s win in the US presidential elections is likely to boost the American currency in the coming months. The Indian currency had recorded its previous all-time low of … Read more

FPIs Withdraw Rs 28,200 Cr From Indian Equities On Poll Jitters, Attractive Chinese Mkt Valuations

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FPIs Withdraw Rs 28,200 Cr From Indian Equities On Poll Jitters, Attractive Chinese Mkt Valuations

Foreign investors have pulled out a massive Rs 28,200 crore from Indian equities so far this month, owing to uncertainties about the outcome of the general elections and attractive valuations of Chinese markets. The withdrawal was way higher than a net pullout of over Rs 8,700 crore in April on concerns over a tweak in … Read more