Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Long Sleeve Sweater for Men Buy Now
QINSEN Square Neck Tank Top Buy Now
180° Flip Screen Compact Camera with Flash Buy Now
Multiport USB Charger for Multiple Devices Buy Now
Kenneth Cole REACTION Mens Jeans Slim Fit Buy Now
Longline Wirefree Sports Bra Buy Now
Hisense 75 QD7 Series QLED 4K Smart TV (2024) Buy Now
Lenovo Tab M9-2023 - Tablet - Long Battery Life Buy Now
Womens Satin Pajama Set Buy Now
Vinsguir Ab Roller Buy Now
Ankle Resistance Bands for Booty Workouts Buy Now
Apple AirPods (2nd Generation) Wireless Earbuds Buy Now
Apple Watch Series 4 Buy Now
Nike Men's Club Hoodieor Nike Club Hoodieor Nike Full-Zip Hoodie Buy Now
COOFANDY Men's Slim Fit Knit Sweater Buy Now
Superior Milford Buy Now
Rihero Women's Leather Sandals Buy Now
Gold Pearl Bridal Jewelry Set Buy Now
OLOV Electric Body Hair Trimmer Buy Now
Women's Active Mini Dress Buy Now
Long Sleeve Sweater for Men Buy Now
QINSEN Square Neck Tank Top Buy Now
180° Flip Screen Compact Camera with Flash Buy Now
Multiport USB Charger for Multiple Devices Buy Now
Kenneth Cole REACTION Mens Jeans Slim Fit Buy Now
Longline Wirefree Sports Bra Buy Now
Hisense 75 QD7 Series QLED 4K Smart TV (2024) Buy Now
Lenovo Tab M9-2023 - Tablet - Long Battery Life Buy Now
Womens Satin Pajama Set Buy Now
Vinsguir Ab Roller Buy Now
MoreBack to News Headlines
FPIs take a breather; withdraw ₹2,000 cr in first week of August

FPIs take a breather; withdraw ₹2,000 cr in first week of August

The Hindu
Sunday, August 6, 2023 6:31 AM GMT

FPIs pull out Rs 2,000cr from Indian equities in Aug; Fitch downgrading US credit rating, high US bond yields, stretched valuations & profit booking cited as reasons. Inflows in equity & debt markets reach Rs 1.21L cr & Rs 21.6K cr respectively. Auto, capital goods, financials & IT stocks bought; domestic equities likely to see FPIs inflow.

After five months of sustained buying, foreign investors have turned net sellers and pulled out over ₹2,000 crore from the Indian equities in the first week of August, mainly due to Fitch downgrading the credit rating for the U.S. 

In addition, the rich and stretched valuations and minor profit booking could be the reasons for this outflow, Yes Securities Chief Investment Advisor Nitasha Shankar said. 

"A sharp spike in the U.S. 10-year bond yield above 4 per cent is a near-term negative for capital flows to emerging markets," Geojit Financial Services Chief Investment Strategist V.K. Vijayakumar said. 

Explained | Why are FPIs dumping Indian stocks?  

If the U.S. bond yields remain high, FPIs are likely to continue selling or at least refrain from buying, he added. According to the data with the depositories, Foreign Portfolio Investors (FPIs) withdrew a net sum of ₹2,034 crore from Indian equities during August 1-5.

This came after unabated net inflow in the past five months -- from March to July -- following the resilience of the Indian economy amid an uncertain global macro backdrop.

Moreover, FPIs invested over ₹40,000 crore each in the last three months (May, June and July). The net inflow was ₹46,618 crore in July, ₹47,148 crore in June and ₹43,838 crore in May. Before March, overseas investors pulled out ₹34,626 crore in January and February. 

Read full story on The Hindu
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Trump says U.S. will start talks with China on TikTok deal this week

Trump said the United States “pretty much” has a deal on the sale of the TikTok short-video app.

What is President Trump’s One Big Beautiful Bill all about? | Explained Premium

President Trump signs 'One Big Beautiful Bill' on July 4. The Bill has sparked debates over tax cuts and decrease in spending on healthcare, food security and clean energy.

Google's AI Overviews hit by EU antitrust complaint from independent publishers

Alphabet’s Google has been hit by an EU antitrust complaint over its AI Overviews.

No trade deal under time pressure; national interest supreme, says Goyal on pact with U.S.

India's Commerce Minister Piyush Goyal emphasizes national interest in trade agreements, rejects deadlines for U.S. deal.

SEBI bans Jane Street over ₹4,843 crore ‘unlawful earnings’

SEBI bars Jane Street for manipulating Bank Nifty, may introduce stricter regulations to prevent market manipulation.

CCI directs UltraTech/India Cements, Dalmia Bharat to furnish financial records

CCI directs UltraTech, Dalmia Bharat, and Shree Digvijay Cements to submit financial documents for competition norms contravention.

‘Geopolitical type of issues’ are making markets `unpredictable’ for all, says Junkichi Yoshida, global president & CEO, Seiko Epson Corporation

Epson's Global President highlights India's growing importance amidst geopolitical challenges, emphasizing the need for market adaptability and growth strategies.

‘AI, green finance to redefine banking sector’

Anand Sinha discusses AI, green finance in India's banking sector at IMC conference, emphasizing climate risks and regulatory efforts.

India's forex reserves rise $4.84 billion to $702.78 billion

India's forex reserves rise to $702.78 billion, with gold, SDRs, and IMF reserve position also increasing.

India-U.S. trade pact likely before July 9; certain issues still pending in agri, auto sectors

Indian team negotiates with U.S. for trade pact, focusing on agriculture and auto sectors, aiming for resolution before July 9.

At WTO, India proposes retaliatory duties against U.S. over auto tariffs

India proposes retaliatory duties against U.S. tariffs on automobile sector, citing WTO violations and safeguard measures.

Rupee rises 16 paise to close at 85.39 against U.S. dollar

Rupee gains against dollar on trade optimism, weak crude oil prices; Indian services sector growth hits ten-month high.

Epson opens India’s first ink tank printer factory in Chennai

Epson opens ink tank printer manufacturing facility in Chennai, India, focusing on EcoTank printers for local market.

Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
EU unveils AI code of practice to help businesses comply with bloc’s rules

The European Union has released a code of practice on general purpose artificial intelligence.

Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

Ferrero Group to acquire WK Kellogg for $3.1 billion, expanding U.S. presence with iconic cereal brands.

Priya Nair to be CEO and MD of Hindustan Unilever Limited

Priya Nair to become first woman CEO of HUL, succeeding Rohit Jawa, effective August 1, 2025.

Order classifying Anil Ambani’s loan account as ‘fraudulent’ withdrawn: Canara Bank tells Mumbai High Court

Canara Bank withdraws "fraudulent" classification of Anil Ambani's firm's loan account after Bombay High Court challenge.

TCS Q1 net profit rises 6% to ₹12,760 crore; board declares interim dividend of ₹11 per share

Under the backdrop of global uncertainties and geopolitical issues continuing to impact businesses, Tata Consultancy Services Ltd (TCS) for the first quarter ended June 30, 2025 reported 6% growth in net profit at ₹12,760 crore over the year ago period aided by one time gain of ₹600 crore.

India is playing a seminal role in setting global telecom standards, says Jyotiraditya Scindia

For the first time, India is playing a seminal role in setting global telecom standards, said Union Minister for Communications and DoNER Jyotiraditya Scindia.

TCS Q1 results: Net profit rises 6% to ₹12,760 crore in April-June

TCS reports 6% rise in net profit to ₹12,760 crore in June quarter, with revenue up 1.3%.

Rupee rises 4 paise to settle at 85.69 against U.S. dollar

Indian rupee gains against U.S. dollar on trade deal optimism, supported by U.S.-India talks, despite negative equity markets.

Jane Street a surveillance issue, market manipulators will not be tolerated: SEBI Chief 

SEBI Chief Tuhin Kanta Pandey addresses market manipulation issue, vows to increase surveillance, and track closely.

“Jane Street has completely eroded confidence in the sanctity of Indian markets”

Portfolio manager Mayank Bansal exposes options trading fraud, prompting SEBI to ban U.S. firm and seize ₹4,843 crore. Interview insights.

Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks

Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial intelligence products.

Sanjay Bhandari, U.K.-based arms consultant, declared fugitive economic offender

Delhi court declares U.K.-based arms consultant Sanjay Bhandari fugitive economic offender; extradition plea rejected by U.K. court.

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us