Foreign Investors Sold ₹19,994 Crore of Equities in November
Foreign Portfolio Investors (FPIs) sold equities worth ₹19,994 crore in the first five trading days of November, raising concerns about market stability. This follows a record ₹1,13,858 crore of selling in October. Even with these outflows, FPIs are still active in India's primary market, investing ₹19,842 crore in IPOs. Experts expect more volatility, though some sectors like financials remain strong.
By Avi G
November 9, 2024