Foreign portfolio investors have aggressively sold Indian stocks in January, turning net sellers in the Indian equity market, after making a beeline to accumulate domestic stocks during the past two months--November and December.
Foreign portfolio investors have been aggressively selling Indian stocks, turning net sellers in the Indian equity market so far in January 2024, after making a beeline to accumulate domestic stocks during the past two months--November and December.
The latest data available from the National Securities Depository Limited (NSDL) showed that the FPIs sold Indian stocks worth Rs 16,601 crore in January.
Coal India Limited (CIL) has entered into a MoU with the National Skill Development Corporation (NSDC) for "the setting up of multi-skill development institutes (MSDIs)," an official statement said.
Particularly in December, they made a beeline to invest in Indian stock markets, with a cumulative accumulation of Rs 66,135 crore. To put it into context, the entire year saw an inflow of about Rs 171,107 crore, and notably, over one-third of it came in December.
The Minister posted on the social media platform X, expressing encouragement for Cognizant and NASSCOM to collaborate with NSDC (National Skill Development Corporation) in crafting a robust #DigitalApprentice framework, "Encouraged @Cognizant and @nasscom to prepare a #DigitalApprentice fram
The National Skill Development Corporation (NSDC), operating under the Ministry of Skill Development and Entrepreneurship (MSDE), is set to host the mega contest "India Skills 2023-2024," a pan-India competition anticipating participation from several lakhs of aspirants.
The latest inflow comes at a time when India reported strong quarterly growth maintaining its fastest-growing major economy tag, inflation in a comfortable zone, and political stability in the run-up to General Elections 2024.