 "nse, National Stock Exchange")
Foreign institutional investor’s (FII’s) ownership of NSE 500 stocks hit a three-year low of 19.5 per cent, suggested a note by BofA Securities. In terms of flows into Indian equities, March 2022, BofA Securities' note said, was the sixth consecutive month of FII outflows (-$5.4 billion, most severe since March 2020) on the back of continued geopolitical risks, sustained elevated inflation led by supply-side issues, rising commodity costs.
ALSO READ: FIIs may remain on sidelines for some time: Julius Baer's Ashish Gumashta
ALSO READ: FIIs may remain on sidelines for some time: Julius Baer's Ashish Gumashta
On a month-till date (MTD) basis, April 2022, however, saw the pace of outflow slow (-$1.2 billion), indicating potential stemming/reversal of FII outflows.
On a year-to-date (YTD) basis, calendar year 2022 outflows stood at $15.7
On a year-to-date (YTD) basis, calendar year 2022 outflows stood at $15.7
