Business »  Topic »  FPI tax surcharge, US-China trade war weigh on Sensex, Nifty in Q1FY20; will second half be better?

FPI tax surcharge, US-China trade war weigh on Sensex, Nifty in Q1FY20; will second half be better?


Foreign investors are cautious in the global market and are in a risk-off mode, equity market in US is down by -3.3%, German by -8% and BRICS by -5.3%.

One of key factor associated with it is the aggressive selling by FPIs with a net outflow of Rs 17,500 crore during the same time.

Vinod Nair

In the last one-month Nifty 50 has corrected by 8% to 10,855. One of key factor associated with it is the aggressive selling by FPIs with a net outflow of Rs 17,500 crore during the same time. Foreign investors ...


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