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Why is FPI selling continuing in November, shares worth more than Rs 5800 crores sold so far
FPI Data: According to the latest data, foreign portfolio investors (FPIs) have withdrawn more than Rs 5800 crore till the last trading day i.e. November 10. Between November 1 and November 10, FPIs sold shares worth Rs 5805 crore. Selling by foreign portfolio investors (FPIs) continues due to rising interest rates and geopolitical tensions in the Middle East.
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“Why is FPI selling continuing in November, shares worth more than Rs 5800 crores sold so far”
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12 Nov 2023
Foreign investors are still withdrawing money from the stock market. According to the latest data, till the last trading day i.e. November 10, foreign portfolio investors (FPIs) have withdrawn more than Rs 5,800 crore.
During November 1-10, FPIs sold shares worth Rs 5,805 crore. The ongoing withdrawal by FPIs is due to rising interest rates and geopolitical tensions in the Middle East.
Last month in October, FPI had withdrawn Rs 24,548 crore and before that in September, it had withdrawn Rs 14,767 crore.
However, before this i.e. from March to August, FPIs had invested Rs 1.74 lakh crore in the market in the last six months.
