Foreign Investors Withdraw Rs 4,285 Crore from Indian Equities Amid Caution and High Valuations - PRESS AI WORLD
PRESSAI
Recent Posts
side-post-image
side-post-image
Foreign Investors Withdraw Rs 4,285 Crore from Indian Equities Amid Caution and High Valuations

Credited from: INDIATIMES

  • Foreign portfolio investors (FPIs) withdrew Rs 4,285 crore from Indian equities in the first three trading days of January 2024, reflecting investor caution.
  • This outflow follows a net inflow of Rs 15,446 crore in December 2023, marking a significant shift in investment sentiment.
  • According to V K Vijayakumar from Geojit Financial Services, strong dollar and attractive US bond yields are significant deterrents to FPI flows.
  • Concerns over the upcoming Q3FY25 earnings season and global economic uncertainties have added to the cautious approach among investors.
  • In contrast, 2023 saw a net inflow of Rs 1.71 lakh crore, showcasing the current unease as 2024 records only Rs 427 crore in net inflows.

For more details, visit the original article here.

SHARE THIS ARTICLE:

nav-post-picture
nav-post-picture