For­eign Port­fo­lio Tap Dries, Al­most

The Economic Times - - Companies: Pursuit Of Profit -

Flows from for­eign port­fo­lio in­vestors into In­dia have slowed of late as as rich val­u­a­tions and de­lay in cor­po­rate earn­ings re­cov­ery have re­duced their ap­petite for do­mes­tic stocks.

July reg­is­tered the sec­ond straight month of fall in for­eign in­flows into In­dian mar­kets to ₹ 2,461 crore from ₹ 3,940 crore in June. The June fig­ure was al­most 40% lower than the month be­fore. So far in Au­gust, they have sold ₹ 1,150 crore worth of shares.

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