scorecardresearchFPIs take out over ₹4,000 crore from equities in July so far but there's some good news

FPIs take out over 4,000 crore from equities in July so far but there's some good news

Updated: 10 Jul 2022, 11:01 AM IST
TL;DR.
FPI inflows will resume once there are clear indications of inflation peaking out, likely to be manifested in global CPI readings around August-September, said Hitesh Jain, Lead Analyst - Institutional Equities, YES Securities.
(FILES) In this file photo taken on January 11, 2019 Public transport drivers complain about having to pay for fuel in US dollars at a fuel station, in Harare. - Zimbabwe has the highest inflation rate in the world, according to Steve Hanke is a professor of Applied Economics at The Johns Hopkins University, which he said can only be remedied by the full adoption of the US dollar. 
The situation has fast worsened this year as the Russian invasion of Ukraine compounded with black market foreign exchange has depleted the value of the Zimbabwe dollar. (Photo by Jekesai NJIKIZANA / AFP)

(FILES) In this file photo taken on January 11, 2019 Public transport drivers complain about having to pay for fuel in US dollars at a fuel station, in Harare. - Zimbabwe has the highest inflation rate in the world, according to Steve Hanke is a professor of Applied Economics at The Johns Hopkins University, which he said can only be remedied by the full adoption of the US dollar. The situation has fast worsened this year as the Russian invasion of Ukraine compounded with black market foreign exchange has depleted the value of the Zimbabwe dollar. (Photo by Jekesai NJIKIZANA / AFP)