FPIs sold equities worth Rs 2,426 crore this week

Quick Summary:

Foreign portfolio investors (FPIs) reduced their selling of Indian equities in the second week of November, but overall remain net sellers for the month.

Despite the slowdown in selling, international investors are exhibiting caution amidst global uncertainty and shifting investments towards perceived safer havens.

These outflows coincide with a complex global economic landscape characterised by geopolitical conflicts, rising inflation, and monetary policy decisions, leading to increased investor caution.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaAustraliaChinaJapanOmanPakistan

Topics: November 2024 FPI selling activity Indian equity market Global economic landscape Foreign portfolio investors Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 19:10:40 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 717 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 23613396

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