FPIs unleash turbulence with Rs 21,000 cr weekly selloff in sudden shift

FPIs unleash turbulence with Rs 21,000 cr weekly selloff in sudden shift

After months of buying, foreign portfolio investors are turning a blind eye to Indian equities in the month of January amid concerns over high valuations and uncertainty around global interest rates trajectory. In the week gone by, FPIs net sold shares worth over Rs 21,000 crore, signalling a sudden shift in the strategy. So far … Read more