On the other hand, foreign investors pulled out more than Rs 3,000 crore from equities during the period under review. Before this, they withdrew a massive Rs 25,743 crore in January, data with the depositories showed. Himanshu Srivastava, Associate Director – Manager Research, Morningstar Investment Research India, attributed the outflow from equities to the uncertainty surrounding the interest rate environment, both domestically as well as globally.
Crypto Talk | US election and interest rate cuts may reshape the future of Bitcoin, says BuyUcoin CEO
I believe the recent 50 basis point interest rate cut by the US Federal Reserve will positively impact the crypto market both in the short