Not just stocks, FPIs turn net sellers in debt market after a year
Sat, Apr 20, 2024 3:46 PM

Not just stocks, FPIs turn net sellers in debt market after a year

A Flip by Shubhangi Gupta
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As global macro worries continue to haunt foreign investors, FPIs have turned net sellers not just in the Indian equity market but also in the debt market for the first time since March last year. A major trend in FPI activity this month is that FPIs have turned sellers into debt after sustained buying for several months. In April through 20th, FPIs sold debt worth Rs 12,885 crore.

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