Foreign investors resume selling in Nov after brief pause in Oct
Foreign portfolio investors have resumed selling after a brief pause in October, pulling out a net Rs 12,569 crore from Indian equities so far this month.
Foreign portfolio investors have resumed selling after a brief pause in October, pulling out a net Rs 12,569 crore from Indian equities so far this month.
The move was driven by optimistic sentiment following the Reserve Bank of India's (RBI) interest rate reduction.
According to data with the depositories, Foreign Portfolio Investors offloaded shares worth Rs 21,272 crore from Indian equities so far this month (till February 14).
As per the data with the depositories, foreign portfolio investors (FPIs) have made a net inflow of Rs 15,352 crore in equities this till July 12.
At 9.35 a.m., Sensex traded at 59,238.99 points, up 464.27 points or 0.79 per cent, whereas Nifty traded at 17,662.00 points, up 139.55 points or 0.80 per cent.
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