FPI’s indifference continues from Indian equity markets. He has so far withdrawn Rs 64,156 crore in January. This is happening due to the fall in the rupee, the increase in the US bond yield and the weak quarterly results of the companies. Depository data shows that foreign portfolio investors (FPI) invested Rs 15,446 crore in Indian shares in December 2024.
According to the news agency PTI, Assocos-Manager Research Himanshu Srivastava, Assocos, Moneringstar Investment Advisory India, said, “There is a lot of pressure on foreign investors due to the steady declining Indian rupee.” Due to this, they are withdrawing money from Indian equity markets. ”He said that apart from this recently the decline in the stock market, the weak quarterly results of companies and macroeconomic adversities, by cautioning high valuation investors of Indian stock markets by cautioning high valuation investors Has been The policies of Donald Trump have also inspired investors to take careful steps. In such a situation, investors are forced to stay away from risky investment.
Purchase only on 2 January this month
According to the data, FPI has sold shares worth Rs 64,156 crore in the Indian equity market till January 24 this month. The FPI sold on all the business days except January 2 this month. VK Vijaykumar, the Chief Investment Strategist of Zeepled Financial Services, says, “The dollar constant strength and the increase in American bond yields have been the major factor to promote FPI sales.” As long as the dollar index will be above 108 and the yield of 10 -year -old American bonds will be above 4.5 percent, sales are expected to continue. ”
M-Cap of 4 out of top 10 companies decreased by ₹ 1.25 lakh crore, Reliance Industries has the highest loss
In 2024, FPI made a net investment of just Rs 427 crore in Indian shares. Earlier in 2023, the investment was Rs 1.71 lakh crore. In 2022, the FPI withdraws Rs 1.21 lakh crore from the Indian market amidst an aggressive increase in rates from global central banks.