In June India Experienced The 2nd Highest FPI Outflow.
TeknikalRaman
Money & Finance
POSTED BY: Ranjeet Kumar PUBLISHED: 3rd July, 22
Foreign portfolio investors (FPI) have sold 6.44billion dollar worth Indian shares in the month of June.
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which is the second highest monthly outflow ever after the outflow of March 2020 where the net outflow was 8.4 billion dollars.
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FPI,s have been net selling for past 9 months which is the highest outflow streak ever to be seen in India.
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Starting from October 2021, FPI,s have been net selling for past 9 months which is the highest outflow streak ever.
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From October 2021 to June 2022 the FPI's have already sold 33.6billion dollars, which has never happened before.
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Indian market was at its all time high in October last year, and due to net selling Indian markets are down by 15%.
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According to market experts this is due to the change in banking policies worldwide as a attempt to control inflation.
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