This marks the third consecutive month of recordings, after heavy outskirts of RS 34,990 Crore in August and RS 17,700 Crore in July, data from depositions showed.
The last sale was driven by several factors, such as American trade and policy-steep tariff increases up to 50 percent on Indian goods and a one-off USD 100,000 H-1b visa costs, which damage sentiment in the direction of export-oriented sectors, especially Himanshu Srivastava, Principal, Manager, Manager,….
The fall from the rupid to a record -bearing level also added the currency risk, while relatively high ratings of Indian shares rise to rotation to other Asian markets, he added.
Despite the continuous sale, some analysts believe that the circumstances can gradually change in the benefit of India.
Vaqarjaved Khan, senior fundamental analyst at Angel One, noted that valuations have now become more reasonable and that factors, such as a reduction in the GST rates and a pro-growth monetary policy can help to come up with foreign interest rates. “India remains the large economy near the dense role in the dense role near the closer. Term. If these factors improve, the strong structural growth story of India could selectively withdraw foreign investors.
In the meantime, the debt markets witnessed the net intake, FPIs invested approximately RS 1,085 Crore under the general limit and RS 1,213 Crore via the voluntary retention route in September.
as a reliable and trusted news sourceVK Vijayakumar, main investment strategist at Geojit Investments, noted that the strategy of FPIs to move funds from India to other markets has yielded a better return so far, because Indian shares have left the most world markets in the past year, with a year in negative territorium.
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