Dollar
Foreign portfolio investors (FPI) selling is now seen in the Indian stock market. The FPI has purely sold shares worth Rs 1,794 crore ($ 19.4 million) last week amidst the global concerns and the expectation of a decrease in Russia-Ukraine conflict. Despite the change in the stance of FPI, his selling in March has been Rs 31,719 crore. Earlier in February, he withdrawn Rs 34,574 crore and Rs 78,027 crore in January. According to depository data, the total FPI withdrawal for 2025 has now reached Rs 1.44 lakh crore. However, in March, he has invested Rs 10,955 crore in a loan or bond market. Stock market experts say this is a good sign for the Indian market. Due to the reduction of bicois of foreign investors, it has increased the hope that they will once again return to the Indian market. This can lead to a good rise in the Indian market in the coming time.
Selling continues for 15th consecutive week
Despite the FPI’s stance being somewhat positive, it was the 15th consecutive week of their selling. Research Himanshu Srivastava, Associate Director-Manager of Morningstar Investment, said that the FPI’s cautious attitude will remain in the future. They are waiting for the US central bank’s interest rate, geopolitical developments, some clarity on the economic scenario. According to depository data, FPI has sold shares worth Rs 1,794 crore ($ 19.4 million) a week ended March 21. In comparison, his withdrawal was 60.4 million dollars in the last week with a short term due to holidays.
Shopping for two occasions
Last week, FPI made net purchases on two occasions. “The recent reversal in FPI selling has improved the market notion, which led to a boost in the market in the week ended March 21,” said VK Vijaykumar, the main investment strategist at Gejit Financial Services. “It is noteworthy that the Indian market saw a big decline in the Indian market.
Latest business news
