Foreign Investors Sell ₹8,731 Crore in Indian Equities

Foreign Portfolio Investors are large investors from outside India.

During this week, they sold more Indian shares than they bought.

Their total selling from shares was worth ₹8,731.33 crore.

This ended two months in which they had mainly bought Indian equities.

Investors were worried about higher oil prices and tensions between the United States and Iran.

They were also watching rising interest rates and bond yields around the world.

Indian domestic institutions bought shares during every trading session of the week.

Analysts said India’s economy and company earnings remained helpful, but large foreign investments may be difficult if global yields continue rising.