FPIs unwinding of bullish bets spurs decline in stocks
2022-12-16
Foreign portfolio investors (FPIs) are swiftly unwinding their momentum trades that catapulted the Nifty to a record 18,887.6 points earlier this month, driving down stocks for a second straight session. The Nifty slipped 618.6 points or 3.3% from its 1 December record to 18,269 points on 16 December, as FPIsRead More →