By Admin 
FPI Selling in Indian Stock Market: The effect of increasing military tension in the Middle East is being seen in the global markets as well as the Indian stock market. The situation in the region has become more serious after the attacks on Iran by Israel and America. Due to which the concern of investors has increased. Amidst this uncertain environment, there has been a sharp decline in the domestic stock market last week.
At the same time, foreign portfolio investors have also not expressed their confidence in Indian companies during this period. Talking about the figures, foreign portfolio investors have withdrawn about Rs 21,000 crore from the Indian market in just four trading sessions last week. Let us know about this topic in detail….
FPIs are maintaining distance from the domestic market
Amidst the decline in the market, FPIs have sold shares worth about Rs 21 thousand crores. However, just before this, the attitude of foreign investors had appeared positive regarding the Indian market. In the month of February, he invested about Rs 22,615 crore. Which is considered to be the biggest purchase made in any one month in the last 17 months.
Foreign investors sold continuously for three months
Foreign investors have continuously withdrawn money from the Indian stock market in the last few months. According to depository data, FPIs sold shares worth Rs 35,962 crore in January. Whereas in December this figure was Rs 22,611 crore.
Earlier in November also he had sold Rs 3,765 crore. In the recent period between March 2 and 6, foreign investors sold shares worth about Rs 21,000 crore in the cash market. Market experts believe that due to increasing geopolitical tension in West Asia, the attitude of foreign investors remains cautious at present.
Iran-Israel war spoiled the atmosphere
There is uncertainty in the entire West Asian environment due to joint military action by America and Israel and retaliatory attacks by Iran. The effect of which is being seen on the entire global market including the Indian market. There was a tremendous decline in the domestic market last week. Lakhs and crores of rupees of investors were wiped out within a short time.
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Also read: Amidst the Iran-Israel war, these factors will decide the direction of the market next week, investors will keep an eye on these important signals…