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

FPI: Risk-off sentiment brings big selloff in FPI-heavy counters

Mumbai: Shares of many companies with higher foreign ownerships have been under pressure amid the heightened selling of Indian stocks by overseas investors so far in May. Foreign portfolio investors (FPIs) have sold shares worth over ₹22,000 crore this month after pulling ₹21,524 crore out of Dalal Street in April. More than 100 stocks where … Read more