By Admin 
Indian Stock Market 0utflow: Foreign portfolio investors (FPIs) have made huge withdrawals from the Indian stock market in the month of November. Foreign investors sold shares worth a total of Rs 3,765 crore. According to market experts, lack of risk taking ability at the global level and fluctuations in shares of the technology sector could be the reason for this.
According to a report published in Moneycontrol Hindi, in the month of October, FPI had invested about Rs 14,610 crore in the Indian stock market, expressing confidence in it. However, before this, foreign investors had withdrawn Rs 23,885 crore from the market in September, Rs 34,990 crore in August and Rs 17,700 crore in July. Let us know why foreign portfolio investors are avoiding betting on the Indian market….
1. Wakarjaved Khan, Senior Fundamental Analyst at Angel One, told Moneycontrol Hindi that foreign investors are adopting a cautious approach amid the ongoing risks at the global level. Also, the recent fluctuations in technology shares have been the reason for this selling.
According to VK Vijayakumar, Chief Investment Strategist, Geojit Investments, there is no clear evidence of change in attitude among foreign investors. He said that, along with selling for some days, foreign investors also bought for some days. Which is an indication that, if the circumstances change, foreign portfolio investors can change their flow direction.
2. According to the PTI report, regarding the selling by foreign portfolio investors, market experts believe that due to the strengthening of dollar prices, geopolitical tension, ongoing turmoil at the global level, uncertainty regarding interest cut by the US Fed, foreign portfolio investors are showing less confidence in the Indian market.
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