Worst July for sensex in 17 years on FPI pullout

While the BSE sensex and the NSE Nifty stemmed this week’s slide, they recorded their worst July performance in 17 years. The fall was triggered by dumping of stocks by foreign portfolio investors (FPIs), who have sold Rs 12,419 crore of equities in July 2019 – making the month the worst performing one this year.

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