AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
  • Select Language
    • English
    • हिंदी
    • ગુજરાતી
  • Advertise With Us
Follow us on Google News
AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
AnyTV News

FPI sold shares worth Rs 27,142 crore in just 3 days, know the reason for this

by Aaryan Srivastav
October 6, 2024
share

share

follow us

Foreign portfolio investors (FPIs) have pulled out Rs 27,142 crore from Indian stock markets in the first three trading sessions of October.

Tarun Pratap Singh LanguageSun, 6 Oct 2024 10:25 AM sharepersonal loan

FPI: Due to the increasing conflict between Israel and Iran, sharp rise in crude oil prices and better performance of Chinese markets, foreign portfolio investors (FPIs) have withdrawn Rs 27,142 crore from the Indian stock markets in the first three trading sessions of October. Earlier in September, FPI investment in the Indian stock market had reached a nine-month high of Rs 57,724 crore. After withdrawing Rs 34,252 crore from shares in April-May, FPIs have been continuously selling shares since June.

Depository data shows that except January, April and May, FPIs have made net sales in all other months in 2024. Himanshu Srivastava, Associate Director-Manager Research, Morningstar Investment Research India, said that factors like geopolitical developments and the future direction of interest rates will further decide the direction of FPI investment in the Indian market. According to the data, between October 1 and 4 FPIs have pulled out a net Rs 27,142 crore from shares. The markets were closed on October 2 on the occasion of ‘Gandhi Jayanti’.

Also read: Garuda Construction IPO and Shiv Texchem IPO are opening this week.

VK Vijayakumar, chief investment strategist, Geojit Financial Services, said, “FPI selling has increased due to better performance of Chinese stocks. The Hang Seng index has gained 26 percent in the past month and is expected to continue to do so as Chinese stocks are undervalued and the economy is expected to perform well on the back of stimulus being implemented by authorities there. ”

Talking about the loan or bond market, during the period under review, FPIs have withdrawn Rs 900 crore through the general limit and invested Rs 190 crore through the voluntary retention route (VRR). So far this year, FPIs have invested Rs 73,468 crore in shares and Rs 1.09 lakh crore in the loan or bond market.

SendShareShareTweetSharePinShareSend

Related Posts

US President Donald Trump confirmed 'minimum' 10 percent baseline tariff
Business

US President Donald Trump confirmed ‘minimum’ 10 percent baseline tariff

by Aaryan Srivastav
May 10, 2025
Dream11 or My11Circle makes money and won money, know how much tax will have to be paid?
Business

Dream11 or My11Circle makes money and won money, know how much tax will have to be paid?

by Aaryan Srivastav
May 10, 2025
India-Pakistan stress impact, Indian stock market closed with decline this week
Business

India-Pakistan stress impact, Indian stock market closed with decline this week

by Aaryan Srivastav
May 10, 2025
AnyTV News

AnyTVNews is a prominent digital news channel in India, known for delivering the latest updates on politics, sports, entertainment, and local events. The channel’s dedicated team of journalists and reporters ensures that viewers receive accurate and timely information from every corner of country. AnyTVNews has built a reputation for its fast and reliable news service, making it a trusted source for the people of India. The channel’s programs and news bulletins are highly popular among viewers, establishing AnyTVNews as a significant player in the news landscape.

CONNECT WITH US

TRENDING TOPICS

  • Agriculture
  • Astrology
  • Automobiles
  • Business
  • DIY
  • Education
  • Election
  • Entertainment
  • Gadgets
  • Health
  • India
  • Internet
  • Lifestyle
  • Mobile
  • News
  • Opinion
  • Politics
  • Regional
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

READ NEWS IN

  • Hindi
  • Gujarati
  • English

FOLLOW US ON

Follow us on Google News
  • About Us
  • Advertise With Us
  • Disclaimer
  • DMCA Policy
  • Privacy Policy
  • Contact Us

© 2024 AnyTV News Network All Rights Reserved.

No Result
View All Result
  • Select Language
    • हिंदी
    • ગુજરાતી
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Lifestyle
  • Health
  • Automobiles
  • Education
  • Viral News
  • Agriculture
  • Astrology
  • Election
Follow us on Google News

© 2024 AnyTV News Network All Rights Reserved.