FPIs sell Indian finance stocks to meet redemption pressure - Economic Times

3/23/2022 12:00:00 AM3 years 1 month ago
by Ashutosh R Shyam
by Ashutosh R Shyam
Overseas investors, which constitute about one-fifth of India’s total market capitalization, sold Indian equities worth $ 8.4 billion (Rs 64,000 crore) between February 15 and March 15, 2022. This was bigger than the outflow of $ 8.3 billion in March 2020.
SynopsisOverseas investors, which constitute about one-fifth of India’s total market capitalization, sold Indian equities worth $ 8.4 billion (Rs 64,000 crore) between February 15 and March 15, 2022.… [+64 chars]
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