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foreign investors sell record indian equities amid rising us interest rates

Foreign institutional investors (FIIs) have sold a record Rs 92,142.97 crore in Indian equities in October 2024, driven primarily by rising US interest rates rather than a shift towards Chinese markets. This marks the fourth instance since 2007 where FIIs have offloaded over $10 billion, while domestic institutions have helped mitigate the market decline. Despite the sell-off, Indian markets have not fallen as sharply as their Chinese counterparts.
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United States Dollar Chinese markets Apple Inc. IND USA CHN Show more
Finance & Economy, Market Report
07:34 24.10.2024
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