Foreign investors continue to withdraw from Indian equities amid election results
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#f645e3d1 ver:1.03

Foreign investors continue to withdraw from Indian equities amid election results, with foreign institutional investors (FIIs) selling Indian stocks worth ₹25,600 crore in May. The sell-off was driven by increased net shorts in index futures, outperformance of Chinese stocks, concerns about high valuations, and weak earnings in the financial and IT sectors. FPIs have pulled out a massive ₹22,000 crore from Indian equities in May, primarily due to uncertainty surrounding the outcome of the Lok Sabha elections and the outperformance of Chinese markets. The Hang Seng index surged 7.66% in the last month, triggering heavy selling by FPIs. FPIs are likely to buy in India once clarity emerges on the election front. #ForeignInvestors #IndianEquities #ElectionResults...

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