How financial market performed in January 2021
How financial market performed in January 2021
BusinessToday.In
- Feb 9, 2021,
- Updated Feb 9, 2021 9:05 AM IST
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The Nifty 50 lost 2.5 per cent during January 2021, breaking its three-month winning streak.
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The S&P BSE Sensex also shed 3.1 per cent in January 2021.
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COSPI, too declined, but at a slower pace of 1.3 per cent.
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Total investments by FIIs in the Indian capital market during the first four days of February 2021 were $1.1 billion, more than half of what they invested in the entire month of January 2021.
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Mutual funds withdrew money from the Indian capital market for the third consecutive month in January 2021.
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The Indian currency unit strengthened against the greenback, averaging Rs 73.1 per US dollar in January 2021 as compared to Rs 73.6 per US dollar in December 2020.
Story: Shivani Sharma
Design: Pragati Srivastava