FPIs pull out Rs 13,740 crore from Indian markets amid West Asia tensions, rising crude prices
New Delhi, May 17 -- Foreign portfolio investors (FPIs) remained net sellers in the Indian markets during the week ended May 15, pulling out Rs 13,740.89 crore across segments, according to data from the National Securities Depository Limited (NSDL). The sustained outflows reflect cautious global investor sentiment amid escalating geopolitical tensions in West Asia, rising crude oil prices, and concerns over the weakening rupee.
The selling pressure was largely concentrated in equities, where FPIs withdrew Rs 12,817.11 crore during the week. Market experts believe foreign investors are turning risk-averse as the ongoing conflict in West Asia continues to disrupt global energy markets and increase uncertainty across emerging economies.
I...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.