• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

FPIs Turned Sustained Sellers In Sep Having Sold Stocks For Rs 26,689 Cr

OMMCOM NEWS by OMMCOM NEWS
September 30, 2023
in Business

New Delhi: September has witnessed a clear trend reversal and after sustained buying in the previous three months, the FPIs have turned sustained sellers in the month having sold stocks for Rs 26,689 crore in the cash market, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

This sustained selling has been in response to steady dollar appreciation which took the dollar index close to 107 and the steady rise in the US bond yields which took the US 10-year bond yield to around 4.7 per cent.

The spike in the Brent crude to $97 also weighed on FPI selling, he added.

However, last Friday witnessed marginal decline in the dollar index, US bond yields and Brent crude.

This has emboldened the DIIs to buy aggressively thereby imparting resilience to the market, he said.

In September, total FPI selling of Rs 26,689 crores was countered with total DII buying of Rs 19,310 crores.

Even while selling FPIs were buyers in capital goods and selected financials, he added.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Pro-BJP Think Tank Asks Kerala Governor Not To Give Assent To Land Assessment (Amendment) Bill

Next Post

India Raises Issue Of Stopping Envoy At Scotland Gurdwara With UK Foreign Office, Police

Related Posts

Trump
Business

Trump’s ‘Dead Economy’ Jibe Falls Flat As India’s GDP Growth Surges To 7.8 Pc

August 29, 2025
Lucknow
Business

Adani Airports Plans Big Upgrade For Lucknow International Airport, To Spend Rs 10,000 Crore

August 29, 2025
Energy Efficiency Index
Business

Maharashtra Ranks First In State Energy Efficiency Index 2024

August 29, 2025
Centre
Business

Centre Transfers Over Rs 4.28 Lakh Crore As Tax Revenue To States

August 29, 2025
Piyush Goyal
Business

India, Africa Must Double Bilateral Trade By 2030: Piyush Goyal

August 29, 2025
GDP
Business

India’s GDP Growth Accelerates To 7.8 Pc In April-June Quarter

August 29, 2025
Next Post

India Raises Issue Of Stopping Envoy At Scotland Gurdwara With UK Foreign Office, Police

Looking Ahead, Google Bets Big On Monetising YouTube, Shorts In India

NHRC Notice To Rayagada SP Over Rape Of Class III Girl

khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.