Muted Start Likely as FPIs Extend Selloff

  Published 8 months ago

GIFT Nifty signals a flat open; global and domestic cues remain cautious amid FPI outflows and trade uncertainties.

  • GIFT Nifty trades 19 pts up; muted opening expected amid RBI's neutral stance and weak global sentiment.
  • FPIs sold ₹4,999 crore; August cash outflows top ₹10,900 crore, extending July's heavy selloff trend.
  • Asian markets dip as Trump plans 100% chip tariffs; South Korea logs record surplus, easing rate cut pressure.

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