FPIs pulled out equities worth Rs 50,203 crore in June

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FPIs have been persistently selling equities in the Indian markets for the past nine-to-ten months due to various reasons, including tightening of monetary policy, rising current account deficit on account of depreciation of rupee, rising dollar and bond yields in the US.

Towards the end of June FPI selling has been showing a declining trend.

So far in 2022, they sold equities worth Rs 217,619 crore, NSDL data showed.

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Author / Journalist: ANI

Category: Economy

Topics: Business news National securities depository Sensex Vk vijayakumar Geojit financial services Nifty

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-02, 12:55:39

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Reading Time: 2 minutes read

Article Length: 257 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 26413

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