#NSE0039– How much Fii Selling Before Election Results.
FPI (Foreign Portfolio Investors) withdrawing Rs 29,000 crore from shares in May suggests they’re reacting to this uncertainty by possibly reducing their exposure to the market. Such movements often reflect investor sentiment and can impact market dynamics. Keeping an eye on further developments and how the market responds could provide insights into the evolving situation.
02-May-2024 -964.47cr
03-May-2024 -2,391.98cr
06-May-2024 -2,168.75cr
07-May-2024 -3,668.84cr
08-May-2024 -6,669.10cr
09-May-2024 -6,994.86cr
10-May-2024 -2,117.50cr
13-May-2024 -4,498.92cr
Month till date -29,474.42cr
The unexpectedly low turnout in the elections has led to apprehensions among analysts. The possibility of a definitive and smooth victory for the ruling dispensation, which was previously anticipated, now seems less certain. This uncertainty is causing some unease in the market, which had already factored in a victory for the ruling BJP (Bharatiya Janata Party).
The bond market saw a slight decrease in the yield on the 10-year Treasury, ending the day at 4.46% compared to 4.50% late Wednesday. Similarly, the two-year yield, which reflects expectations for the US Federal Reserve, also slipped to 4.81% from 4.84% late Wednesday. These movements suggest some stabilization or easing in bond yields, which can influence investor sentiment and market dynamics.
