Twitter

Facebook

Youtube

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
  Rashtriya Sahara Roznama Sahara
FPIs pull out investments worth Rs 8,674cr from Indian equity
Last Updated : 25 Apr 2021 08:31:39 PM IST
FPIs pull out investments worth Rs 8,674cr from Indian equity
FPIs pull out investments worth Rs 8,674cr from Indian equity

 

As the Covid crisis impacts investor sentiments, foreign portfolio investors (FPI) have pulled out net investments worth Rs 8,674 crore from Indian equities so far in April.

This reversal in trend comes around a year after a bull run on the Indian stock market and continuous inflow of foreign investments into the equities.

So far in 2021, the net FPI investments into equities stand at Rs 47,068 crore, with net inflows of Rs 19,473 crore, Rs 25,787 crore and Rs 10,482 crore in January, February and March, respectively.

Further, according to analysts, weakness in the Indian rupee also led to the fund outflow. Currently, the rupee is around 75 per dollar.

The recent surge in Covid cases and loss of lives have raised concerns and also have given rise to possibilities of further restrictions and lockdowns, which may eventually impact the economy, analysts said.



IANS
Mumbai
For Latest Updates Please-

Join us on

Follow us on


What binds the two most talked about nations - India and Pakistan together? What makes the

Bollywood actress Sonakshi Sinha is enjoying her marital bliss. On Monday, the actress too

LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

172.31.16.186