FIIs turn buyers in February but continue to pare FMCG holdings
Sun, Mar 3, 2024 7:32 PM

FIIs turn buyers in February but continue to pare FMCG holdings

A Flip by Shubhangi Gupta
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Foreign institutional investors (FIIs) turned buyers in February, purchasing around Rs 1,538.88 crore worth of shares. The foreign investors shopped for Indian shares even though the 10-year US treasury note yields hovered around the 4.25 percent mark. Foreign portfolio investors (FPIs) divert funds from India and other emerging markets to US bonds when yields rise.

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