Foreign investors pulled out 7,500 crores from Indian markets so far in October, what is the reason

[ad_1]

Foreign Direct Investment In India 2022: Foreign investors are withdrawing their investments in the Indian stock markets. After all, what is the reason behind it? In this news, we are going to tell you that Foreign Portfolio Investors have withdrawn about Rs 7,500 crore from the Indian stock markets in the first two weeks of October.

how much investment back

Sentiments are being affected by concerns about tightening monetary policy by the US central bank the Federal Reserve and other central banks around the world. According to depository data, FPIs have withdrawn Rs 1.76 lakh crore in 2022 so far. Foreign portfolio investors have withdrawn Rs 7,458 crore from the stock market during October 3 to 14.

what is the reason

In the month of September, FPIs had withdrawn more than Rs 7,600 crore from the stock market. Earlier, FPIs had made a net investment of Rs 51,200 crore in August and about Rs 5,000 crore in July. Prior to July, foreign investors had been net sellers for nine consecutive months since October last year.

What is the opinion of experts

According to Shrikant Chauhan, Head of Equity Research (Retail), Kotak Securities, FPI investments may remain volatile in the coming months due to geo-political tensions and rising inflation. At the same time, Himanshu Srivastava, Associate Director-Manager Research, Morningstar India, says the recent exits by FPIs were largely due to concerns over tightening of monetary policy by central banks in the US and other countries that could impact global economic growth. can.

read this also-

Rupee vs Dollar: Finance Minister Nirmala Sitharaman’s statement, said – ‘Rupee is doing well against dollar’

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *