FPI selling continues, pull out Rs 7,300 crore from equities

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NEW DELHI: The exodus of Foreign Portfolio Investors (FPIs) from the equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $8.

The overall trend indicates a cautious approach by foreign investors, who scaled back investments in Indian equities significantly in 2024, with net inflows of just Rs 427 crore.

FPIs are likely to reduce their selling since the dollar index and US bond yields are indicating a softening trend," V K Vijayakumar, chief investment strategist, Geojit Financial Services, said.

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Article Details

Author / Journalist: Agencies

Category: EconomyBusiness

Markets: IndiaCanadaChinaFranceMexicoOmanRomania

Topics: US tariffs Equity markets Global trade tensions Foreign Portfolio Investors FPI selling

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 09:37:12 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 708 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 26011186

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