FPIs Stay Net Sellers For The Fourth Consecutive Session As Nifty Logs Longest Losing Streak In Two Months As Iran Crisis Deepens

Foreign Portfolio Investors (FPIs) have continued their trend of net selling for the fourth consecutive session, contributing to a challenging environment for Indian equity markets. The Nifty index has experienced its longest losing streak in two months, primarily influenced by escalating tensions in Iran, which have raised concerns among investors globally. In contrast, domestic institutional investors (DIIs) have shown a starkly different approach, remaining net buyers for the sixth consecutive day and purchasing shares worth Rs 12,068 crore. This divergence highlights the contrasting sentiments within the market as FPIs withdraw capital amidst geopolitical uncertainties, while local investors continue to support the market. Analysts suggest that the ongoing crisis in Iran could further impact market stability, and the overall sentiment remains cautious as investors await clearer signals regarding the geopolitical landscape and its implications for the Indian economy.
Originally reported by NDTV Profit. Read original article
Related Articles
Trump nominates Kevin Warsh as Fed chair
President Donald Trump has nominated Kevin Warsh, a former Federal Reserve governor, to chair the U.S. Federal Reserve,...
Kevin Warsh to replace Jerome Powell as Federal Reserve chairman; here's all you need to know about him
President Donald Trump has officially nominated Kevin Warsh to succeed Jerome Powell as the chair of the Federal Reserve...
Macron expresses 'solidarity' with Spain
Macron expresses 'solidarity' with Spain
NZ win big over SA to reach T20 WC finals
NZ win big over SA to reach T20 WC finals