$10 billion sale! FII selling breaks all records. Is it just about China?

  • Posted on October 21, 2024
  • By Business News Today
  • 3 Views
$10 billion sale! FII selling breaks all records. Is it just about China?

Foreign institutional investors have withdrawn nearly $10 billion from the Indian stock market in October, marking a record high. Contributing to this sell-off are concerns over China's economic stimuli, overvaluation of Indian equities, a tepid corporate earnings season, and a stronger dollar impacting emerging markets.
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