FPIs Offload Shares Worth Rs 21,000 Crore So Far In March Amid Iran-US War

Foreign Portfolio Investors (FPIs) have continued to withdraw from Indian equity markets, offloading shares valued at approximately Rs 21,000 crore so far in March. This trend marks the sixth consecutive day of net selling, raising concerns among market analysts about the potential impact on the Indian economy. The ongoing geopolitical tensions, particularly the conflict between Iran and the United States, are seen as contributing factors to this capital flight. Investors are increasingly wary of the market's volatility and are opting to liquidate their holdings to mitigate risks. The sustained selling by FPIs has led to fluctuations in stock prices, prompting discussions about the resilience of Indian equities amidst global uncertainties. Market experts suggest that if this trend continues, it could lead to a more significant correction in the market, affecting not only institutional investors but also retail investors who have recently entered the market. As the situation evolves, stakeholders are closely monitoring international developments that may influence FPI investment strategies and overall market sentiment.
Originally reported by NDTV Profit. Read original article
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