FPIs sell Rs 25,744 crore of shares in January
Thu, Feb 1, 2024 9:09 AM

FPIs sell Rs 25,744 crore of shares in January

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Foreign investors sold ₹25,744 crore of Indian stocks in January, breaking a two-month streak of purchases. This was due to doubts about a US Federal Reserve interest rate cut in March, leading to cautious sentiment. February's inflow will depend on the Fed's statement after its policy meeting on Jan 31, with February historically seeing both inflows and outflows from foreign investors.

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