Aug 20, 2021
By: Bhakti MakwanaIndian markets remained under pressure, on Friday, after the US Federal Reserve in its recent meeting signalled that it would withdraw economic stimulus measures. Investors worried that the move would lead to outflows from emerging markets leading to a huge sell off.
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Emerging economies like India benefited with strong inflows into the stock market as the US was on a mission to infuse liquidity into the system affected by the pandemic.Here are 10 Nifty 50 stocks with more than 20 percent foriegn portfolio investment (FPI) that fell on August 20.
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Shares of the lender were also down 1.7 percent on August 20. The market capitalization of the bank stood at ₹75,270 crore crore.
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Another private sector bank stock was also down by 2.85 percent. The market capitalization of the lender stood at ₹3.37 lakh crore.
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Shares of the chemical manufacturing company slipped 4.6 percent. The market capitalization of the company stood at ₹55,469 crore.
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Shares of the motorcycle and scooter manufacturer fell more than 2 percent. The market capitalization of the company stood at ₹54,063 crore.
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Shares of the pharmaceutical giant fell by 2.7 percent. The market capitalization of the company stood at ₹75,871 crore.
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Shares of the private life insurance company fell by 1.8 percent. The market capitalization of the company stood at ₹1.33 lakh crore.
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Shares of the aluminium rolling company fell by 4.2 percent. The market capitalization of the company stood at ₹91,864 crore.
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Shares of the pharmaceutical major dropped down by 2.22 percent. The market capitalization of the company stood at ₹71,686 crore.
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India’s largest construction company’s stock slipped 2.24 percent. The market capitalization of the company stood at ₹2.24 lakh crore.
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Shares of the steel making company were the biggest loser on the Nifty 50 as it dropped 6.4 percent. The market capitalization of the company stood at ₹1.69 lakh crore.
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