Volatility in the global markets as well as global slowdown may impact foreign flows moving into domestic market
WPI rate in India edged up to 11.39% in August of 2021, from 11.16% in the previous month.
This was largely on the back of robust net inflows from FPIs, coupled with the strong performance of the Indian equity markets
The inflow comes following a net withdrawal of Rs 2,954 crore in May and Rs 9,659 crore in April, data with depositories showed
LIC's stakes in 296 companies where it holds over 1% stake slipped to an all-time low of 3.66% at the end of March as against 3.70% in December, the
Foreign investors had pulled out Rs 9,659 crore in April after infusing money in the preceding six months, according to the depositories' data
Overseas, Asian stocks are trading mixed on Tuesday with major markets in Japan and China still closed for holidays.
FPIs have put in more money into the markets since then, having invested a net $7.2 billion till April 16, making the country the only market that has
Shares of the company advanced 4% to 208.75 on Tuesday, while the benchmark BSE Sensex settled 286 points, or 0.59%, down at 48,257.
According to the depositories data, overseas investors pulled out Rs 740 crore from equities and Rs 189 crore from the debt segment, taking the total