Weekly Musings – FPI flows for week ended October 06, 2023

Foreign portfolio investors (FPIs) sold close to $1 billion of equities in the Indian market in the first week of October. While US bond yields and dollar index did matter, it was the more than expected hawkish view of the RBI in its October policy that heightened FPI selling.

from IIFL Securities https://ift.tt/wErmGpA
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