Says could lead to a downgrade in market classification
Overseas investors increased exposure to the capital goods space at the right time as the sector got a major boost from the capex-driven Union Budget
The logic of geographical diversification of portfolio remains valid even today
Fund registrations from the country drop to 4.3%; US, Ireland & Luxembourg gain
Prior to this, FPIs withdrew a net Rs 2,985.88 crore from the Indian capital markets (both equity and debt) during July 1-31
This follows an outflow of over Rs 110 billion from the equities and more than Rs 250 billion from the debt markets last month