indian stock market Foreign investors are continuously withdrawing money from India. Its effect is visible on the Indian stock market. The period of decline in the stock market continues. Let us tell you that FPI withdrew Rs 21,612 crore (2.56 billion US dollars) from the Indian equity market in November. According to market experts, selling by foreign portfolio investors (FPIs) continues due to increase in US bond yields, strengthening of the dollar and slowdown in the domestic economy. However, net outflows have declined significantly compared to October, when FPIs sold Rs 94,017 crore (US$11.2 billion).
Will keep an eye on the quarterly results of companies
Himanshu Srivastava, Joint Director, Research Management, Morningstar Investment Research India, said that in the coming time, the policies implemented during Donald Trump's tenure, inflation and interest rates will decide the direction of FPIs. He said that the third quarter earnings performance of Indian companies will also play a big role in deciding the attitude of investors.
There were a lot of ups and downs last week
Indian stock markets saw a lot of ups and downs last week, although at the end of the week the markets closed with gains. Palka Arora Chopra, Director, Master Capital Services Ltd, said that the market outlook next week will depend on key data like India's Manufacturing PMI, Services PMI, interest rate decisions, US S&P Global Composite PMI, Manufacturing PMI, Services PMI, Non-Agriculture PMI. Will be affected by domestic and global economic factors. Santosh Meena, head of research at Swastika Investmart Ltd, said markets may react to the disappointing GDP growth of 5.4 per cent on Monday. The upcoming RBI policy will be important, with investors keeping an eye on both the interest rate decision and commentary.
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