FPI Outflows Hit Rs 20,974 Crore From Indian Equities In Sept: Three Reasons Behind Selloff
A institutional flows development with market-wide reach.
· NDTV Profit
The selloff follows robust investments by FPIs in the months of July (Rs 20,200 crore) and August (Rs 29,631 crore) on a net basis.
The analysis
This is an Index / institutional flows event. Passive and institutional flows move price independently of fundamentals, and around rebalancing dates they dominate it.
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