FPIs pullout Rs 17,741 crore from Indian equities in July, high selling this week turns July investment negative: NSDL
Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, with a total outflow of Rs -17,741 crore, according to data released by NSDL. This marks the first month of negative investment by FPIs after three consecutive months of positive inflows during April, May, and June. The sharp reversal in sentiment…
