No Respite For FPIs - Bloodbath on Dalal Street
  • WebDesk BTVI
  • Jul 29 2019

Has the bear caught the Indian Equity Markets? Shares worth $2 Bn have been sold out, wealth eroded is $35 Bn post-budget announcements. The markets are down by nearly 5%. FPIs have pulled out close to Rs 14,000 Cr. Is FM Nirmala Sithraman's decision to tax the trust structures of FPIs causing this rout? Or India's macro factors under stress? On ‘The Big Story’, Vijay Iyer discusses as to what causing the market rout and if the bloodbath is here to stay.