The benchmark Nifty50 has dropped over 4% in February this year, driven by a sharp sell-off from foreign portfolio investors (FPIs) and weaker-than-expected Q3 earnings. This month alone, overseas investors have offloaded over $4.5 billion worth of Indian shares, bringing their total sell-off since the end of September 2024 to a staggering $25 billion. Meanwhile, […]
FIIs buy IT and realty stocks in December while offload oil & gas and automobile – CNBC TV18
After offloading nearly $14 billion worth of shares in October and November, the foreign portfolio investors turned net buyers of Indian equities in December 2024. During the month, the overseas investors bought equities worth $1.83 billion. Company Value Change %Change While they bought more IT shares in December, they cut exposure in oil & gas […]