Thematic and sectoral funds witness over seven-fold surge in AUM in the last five years at Rs 4.45 lakh crore in August 2024
Read MoreThe BSE Sensex touched an all-time high on Friday, while the Nifty 50 index closed positively at 23,267.75, marking a gain of 446.35 points or 1.96 per cent, and hitting a high of 23,320.20
Read MoreMarket analysts attribute this withdrawal to multiple factors, including rising interest rates in the US, geopolitical tensions, and a strong dollar, which have collectively led to a shift towards safer investments
Read MoreYear-to-date, FPIs have been net sellers of Indian equities, offloading Rs 31,388 crore according to the latest data from the NSDL
Read MoreAccording to data from the National Securities Depository Limited (NSDL), FPIs pulled out USD 1.12 billion from financial stocks in May, following a similar outflow in April
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