HomeNews listOBJECTIVE PRESSFPIs sold Rs 16,000 crore worth of IT stocks in May amid volatility in rupee

FPIs sold Rs 16,000 crore worth of IT stocks in May amid volatility in rupee

  • June 8, 2022
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
No Comments

Foreign investors have been bearish on Indian markets for a multitude of reasons, including inflation and weakening rupee. IT stocks are among those names that have the largest concentration of foreign investor holdings thus, they were battered blue in May.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Discover more from Maheri Network

Subscribe now to keep reading and get access to the full archive.

Continue reading

Exit mobile version