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Insurers Grab 60% Of Foreign Fund Inflows In October
Insurance stocks mopped up the highest inflows from foreign funds in October.
21 Nov 2019, 08:08 AM IST
Insurance stocks mopped up the highest foreign equity flows among all sectors in October as overseas investors remained net buyers for the second straight month.Foreign portfolio investors infused nearly $1.05 billion into shares of insurers, the highest in seven months, according to data available on National Securities Depository Ltd.’s website. That’s 60 percent of the $1.75 billion they ploughed into Indian stock markets last mon...
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