Foreign Portfolio Investors (FPIs) shifted to net selling in the Indian stock market, liquidating equities worth Rs 12,404.73 crore during the week of August 5 to August 9, 2024. According to data from the National Securities Depository (NSDL), FPIs sold shares daily throughout the week, with the exception of Friday, when they purchased equities worth Rs 521 crore.
The selling by FPIs is…
Indian stock markets have faced a severe downturn today, with significant losses on both the Sensex and Nifty indices. The magnitude of the sell-off has been striking, wiping out investor wealth to the tune of Rs 10.24 lakh crore. The market capitalization fell from Rs 457.16 lakh crore in the previous session to Rs 446.92 lakh crore, underscoring a dramatic shift in investor sentiment and…
