BREAKING NEWS
NSA Doval holds talks with Russian counterpart, discusses India’s possible role in solution to Ukraine conflict
Opposition blames Cong govt in Karnataka over violence during religious procession
Two Army officers attacked, their female friend raped by miscreants near Mhow in Madhya Pradesh
Mandya: 46 held over violence during Ganesh idol procession
BJP should stop making efforts to break alliances: Kharge in J&K
Swamy Shraddananda says hanging better than jail till death; SC says not convict’s right to decide sentence
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4 GST officials arrested in Bengaluru in alleged case of kidnapping & extortion
Karnataka HC orders police to track woman who filed multiple harassment complaints
Mangaluru: ABVP holds protest condemning Hampankatta bus stop demolition
Sensex declines by 398 pts, Nifty ends below 25K on profit taking in Tata Motors, RIL
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CM denies charge of ‘vendetta politics’ behind panel to speed up probe into scams during BJP rule
Trump and Harris clash on foreign policy, economy, border security and abortion during presidential debate
FPIs turn net sellers; pull out Rs 21,201 crore from equities in Aug so far
PTI, Aug 18, 2024, 12:17 PM IST
NEW DELHI: Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts.
This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed.
Foreign portfolio investors (FPIs) infused funds in these two months on the expectation of sustained economic growth, continued reform measures, better-than-expected earnings season and political stability.
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