Foreign investors sold Rs 27,142 crore worth of Indian shares in the first three days of October, influenced by geopolitical tensions, rising oil prices, and the strong performance of Chinese stock markets. This follows a high FPI investment in September. Analysts suggest that long-term domestic investors might find opportunities in undervalued banking stocks.
Related Posts
Moody’s ups India’s 2024 GDP growth forecast to 7.2% on strong growth
Moody’s Ratings boosted India’s GDP growth forecast to 7.2% for 2024 and 6.6% for 2025, highlighting solid growth and moderating inflation as key factors. The […]
Now, BEML aims to start exporting Vande Bharat, metro trains in coming years
BEML Ltd intends to prioritize the rollout of Vande Bharat trains domestically before targeting export markets next year. The company is looking to secure export […]
‘Investing in India is profitable’: Putin heaps praises on PM Modi; says Russia ready to set up manufacturing operations in India
At the VTB Investment Forum, Russian President Vladimir Putin lauded India’s “Make in India” initiative and expressed Russia’s willingness to establish manufacturing units in India. […]