look news india
FPI: Continuous selling of foreign funds is being seen in the Indian stock market. Its effect is visible on the stock market. Selling by foreign portfolio investors (FPIs) continues. However, FPIs sold Rs 21,612 crore or $2.56 billion from the Indian equity market in November.
According to market experts, FPI selling is continuing amid the increase in US bond yields, strengthening of the dollar and the impact of recession in the domestic economy. However, net selling was slower than in October with FPIs selling Rs 94,017 crore or $11.2 billion.
The policies, inflation and interest rates implemented during Donald Trump’s tenure will decide the direction of FPI in the future, which will Will keep an eye on the quarterly results of companies The third quarter earnings performance of Indian companies will also play a big role in determining investor sentiment.