FPIs take out ₹22,000 crore from equities in May amid poll jitters, Chinese markets’ outperformance

FPIs take out ₹22,000 crore from equities in May amid poll jitters, Chinese markets’ outperformance

Image used for representational purposes only. | Photo Credit: The Hindu Foreign investors have pulled out a massive ₹22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets. This came following a net outflow of over ₹8,700 crore in the … Read more

FPIs withdraw ₹17,000 crore from equities in May on political uncertainty amid general election

FPIs withdraw ₹17,000 crore from equities in May on political uncertainty amid general election

Image used for representational purpose only. | Photo Credit: The Hindu Foreign investors pulled out a massive ₹17,000 crore from Indian equities in the first 10 days of the month owing to general election and the uncertainty surrounding its outcome coupled with expensive valuations and profit booking. This was way higher than a net withdrawal … Read more