During the first week of August, foreign investors withdraw more than Rs 13,400 crore from Indian stocks.

Foreign Portfolio Investors (FPIs) have switched to net sellers this month, taking out more than Rs 13,400 crore from Indian stocks as of the beginning of August. This reversal comes after several months of rising investment. Earlier this year, foreign portfolio investors (FPIs) invested a total of Rs 22,134 crore in Indian stocks. On the…

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Inflows into equity funds fell by 9% to Rs 37,113 crore, while the SIP book reached a new high of Rs 23,332 crore in July

The Association of Mutual Funds of India (AMFI), the industry trade group for mutual funds, issued data on August 9 that showed a decline in investments in large- and mid-cap funds during July, resulting in an 8.61 percent decline in inflows into open-ended equities mutual funds to Rs 37,113.39 crore. According to AMFI data, monthly…

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RBI maintains rates at current levels; bank stocks rise, but real estate and auto sectors remain stable.

Following the Reserve Bank of India’s (RBI) policy announcement, shares in rate-sensitive industries including banking, finance, auto, and real estate are seeing a stable day. The financial industry is where the most notable effects are observed. At 50,243.45, the Nifty Bank index was up. It gained 611 points in a single day. Over the past…

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