FPIs dump Indian equities worth Rs 21,000 cr in first half of Aug

Foreign investors offloaded nearly Rs 21,000 crore in Indian equities in the first half of August, bringing the year's total outflow to Rs 1.16 lakh crore. Trade tensions, weak earnings, and a weakening rupee contributed to this trend. However, a potential credit rating upgrade and easing US-Russia tensions could improve FPI sentiment.

from Economic Times https://ift.tt/U6yOkmR