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Market move● Neutral for Indian equities
NSE chief says FPI equity withdrawals may reverse when AI boom peaks
The brief
- FPIs pulled money from Indian equities amid global AI-driven moves
- NSE chief Ashish Chauhan said funds may return when the AI boom peaks
- Any return of foreign inflows could support Indian equities and offset FPI selling
- Markets open lower as crude surge, FII selling and geopolitical jitters weigh on sentiment
- Clean Max shares see a ₹1,199 crore block deal amid volatile trading
- GIFT Nifty signals weak start as Asian markets trade mixed
- Bulls out of steam, it’s slow & steady on D-Street
- Rising global bond yields, US uncertainty and AI gap may hit India’s capital inflows: CEA