FPI Outflow: Foreign investors, one of the most powerful investors who breathe life into any stock market, withdrew Rs 21612 crore from the Indian stock market in November. Due to the increase in US bond yield and the strength of the dollar as well as the slowdown in the domestic economy, the selling by foreign portfolio investors has increased. However, the withdrawal of FPI in November has been slower than in October.
FPI Selling
Foreign investors pulled out Rs 21,612 crore (US$ 2.56 billion) from the Indian equity market in November. However, the net withdrawal has come down significantly compared to October, when FPIs had sold Rs 94,017 crore (US$ 11.2 billion). However, the net withdrawal has come down significantly compared to October, when FPIs had sold Rs 94,017 crore (US$ 11.2 billion).
FPIs have made a net withdrawal of Rs 15,019 crore so far in 2024. Himanshu Srivastava, Joint Director of Research Management, Morningstar Investment Research India, said that in the coming times, the policies implemented during Donald Trump's tenure, inflation, and interest rates will determine the stance of FPIs. He said that thethird-quarterr earnings performance of Indian companies will also play a big role in deciding the stance of investors.
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