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FPI stock holding drops 14% to $523 bn in June quarter: Report
short by Srishty Choudhury / on 17 Aug 2022,Wednesday
The value of the foreign portfolio investors (FPI) holdings in Indian equities dropped 14% to $523 billion in the quarter ended June as against $612 billion in the previous quarter, according to a Morningstar report. The value of FPIs' investments in Indian equities has declined for three consecutive quarters. US Federal Reserve's aggressive stance dented the sentiments of foreign investors.
short by Srishty Choudhury / 04:43 pm on 17 Aug
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