FPIs pull out Rs 59,000 crore from equity in October

Quick Summary:

Foreign portfolio investors have sold Rs 58,711 crore ($7 billion) of Indian equities in Oct, influenced by China's economic stimulus.

However, strong domestic institutional investments mitigated the market impact.

Net bond sales were modest at Rs 709 crore.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaChinaIsraelSouth KoreaNew ZealandPakistan

Topics: Business news Bonds FPIs Geojit Financial Services Hyundai IPO

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-14 @ 03:48:34 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 637 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 29 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 23024741

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