FPIs pull out Rs 52,100 cr from equities in Oct so far amid global headwinds
· economictimes.indiatimes.com
Foreign portfolio investors have withdrawn Rs 52,100 crore from Indian equities as of October this year. This follows a net withdrawal of Rs 35,861 crore in September, indicating ongoing financial retreat. Elevated crude oil prices, higher US bond yields, and a stronger dollar have affected investor sentiment. Despite temporary buying by foreign investors on October 16, selling in certain sectors continues.
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