Foreign Portfolio Investors (FPIs) withdrew over Rs 13,400 crore from Indian equities in August, reversing prior investments. The outflow was driven by the unwinding of the yen carry trade and recession fears in the US. Elevated Indian stock valuations, geopolitical tensions, and weak US job data also contributed to this trend, according to analysts.
Related Posts
CCPA orders investigation into ‘deficiencies’ of Ola Electric after most verification calls to aggrieved consumers found discrepancies in company’s claim
The Central Consumer Protection Authority (CCPA) in India has initiated an investigation into Ola Electric following numerous unresolved consumer complaints about the company’s products and […]
Adani sells $600 million dollar bond after October postponement
Gautam Adani’s Adani Green Energy Ltd. successfully sold $600 million in 20-year green dollar bonds with a 7.45% yield. This comes after a previous attempt […]