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Foreign Investors Sell ₹14,474 Crore in Indian Stocks

Foreign Investors Sell ₹14,474 Crore in Indian Stocks
FPI Selling Hits ₹14,474 Crore In September, Middle East Tensions And Crude Surge Rattle Markets · freepressjournal.in

Foreign investors sold a large amount of Indian shares in September.

They sold ₹14,474 crore through stock exchanges by September 12.

This was different from their buying during July and August.

Worries about Middle East tensions and higher oil prices made investors nervous.

Brent crude rose above $108 per barrel.

Costlier oil could make inflation and economic growth more difficult for India.

Domestic investors bought shares and helped support the market.

The Nifty 50 fell for a fifth week in a row.

Key facts

FPI exchange selling
₹14,474 crore through September 12
FPI primary-market investment
₹1,336 crore through September 12
Total primary-market investment this year
₹47,183 crore
Brent crude price
Above $108 per barrel
DII purchases
₹6,419.46 crore during the previous week
Nifty 50 performance
Fifth consecutive weekly decline
Key market concerns
Middle East tensions, crude prices, inflation and monetary policy

Sources

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