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Worth Rs 27,142 crore sold stocks by foreign investors in just 3 trading session in October: NSDL

Times of India LogoTimes of India9h ago

Worth Rs 27,142 crore sold stocks by foreign investors in just 3 trading session in October: NSDL - Times of India

Quick Summary:

Since early October, Indian stock markets have faced significant selling pressure as Foreign Portfolio Investors (FPIs) withdrew Rs 27,142 crore.

The largest sell-off was on October 4, driven by FPIs reallocating funds to more favorable Asian markets like China and Hong Kong, impacting investor confidence.

FPIs have sold Rs 27,142 crore worth of equities, just in the first three trading sessions of the month, according to data from the National Securities Depository Limited (NSDL).


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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-06 @ 17:46:09 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 727 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 22907706

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 11 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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