[ad_1] The valuation of the Nifty50 index has dropped below its five-year average as the foreign portfolio investors (FPI) continue their selling spree in the Indian equity market. The index is on track for its ninth consecutive day of losses, reflecting broader concerns over global economic uncertainties and a slowing domestic economy that have been […]
Diwali Mahurat Trading: Samir Arora explains why FPIs are selling relentlessly in India – CNBC TV18
[ad_1] Samir Arora of Helios Capital believes that the relentless selling for Foreign Portfolio Investors (FPIs) in the month of October could be due to possible volatility ahead of the outcome of the US Presidential Elections on November 5. Foreign Portfolio Investors sold as much as ₹1.17 lakh crore in the cash market in the […]
Don’t think the worst of FPI selling in India is over yet, says Pratik Gupta – CNBC TV18
[ad_1] Pratik Gupta, CEO and Co-Head of Kotak Institutional Equities, expects the current wave of foreign portfolio investment (FPI) outflows from Indian markets to persist amid heightened volatility in the coming weeks. Gupta attributes this trend to high valuations in Indian equities, which remain elevated even after a recent 9-10% correction in the Nifty index. […]