Indian equities
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FPIs increase Indian equities sell-off in May amid election concerns, favourable HK market valuations
Amid election outcome jitters, Foreign Portfolio Investors (FPIs) have turned even more aggressive in selling Indian equities with net outflows touching ₹28,242 crore this month as of May 17. FPIs had net sold equities worth ₹8,671 crore in April.
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FPIs selling in equities continue unabated in April, withdrawing ₹6,300 crore till April 26
Foreign Portfolio Investors (FPIs) remained bearish on Indian equities going by the net outflows of ₹6,300 crore so far this month (till April 26) amid concerns around Mauritius Tax Treaty and US Bond Yield surge.