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Indian stock market gave lower returns in June 2021

Indian stock market gave lower returns in June 2021

The CMIE Overall Share Price Index (COSPI), which houses around 3,000 actively traded scrips, rose by 2.9 per cent in June 2021

BusinessToday.In
BusinessToday.In
  • Updated Jul 7, 2021, 12:49 PM IST
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In June 2021, Nifty 50 gave 0.9 per cent returns as compared to 6.5 per cent in May 2021.

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S&P BSE Sensex gave 1 per cent returns in the month of June 2021.

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The CMIE Overall Share Price Index (COSPI), which houses around 3,000 actively traded scrips, rose by 2.9 per cent in June 2021.

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Foreign institutional investors' sentiments turned positive on Indian equities in June. FIIs invested $2.4 billion in equities in June 2021, after selling equities worth $1.3 billion in April 2021 and worth $389 million in May 2021.

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Mutual funds slowed down the rate of pumping funds in the Indian capital market in June. Their net investment of $497.3 million in June was the lowest in the last four months.