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Rs 1,800 crore a day! Why FIIs are selling Indian stocks since Lok Sabha elections began

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Rs 1,800 crore a day! Why FIIs are selling Indian stocks since Lok Sabha elections began

Ever since voting for Lok Sabha elections began on April 19, foreign institutional investors (FIIs) have sold Indian stocks worth around Rs 37,700 crore, translating into an average daily sell-off of Rs 1,800 crore in the last 21 trading sessions. Reflecting the increased nervousness on Dalal Street on the probable outcome of Lok Sabha election, … Read more

foreign portfolio investors: FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May

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foreign portfolio investors: FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May

New Delhi: The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties. With over 10 days more to go in May, the latest data from National Securities Depository Limited (NSDL) showed … Read more