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Live News EQUITY ARTICLE M impact

FIIs turn sellers, pulling nearly Rs 21,000 crore in September

Foreign portfolio investors moved from net buying in July-August to aggressive selling in September, withdrawing nearly Rs 21,000 crore from Indian equities, according to TradingView News citing analyst views.

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Foreign portfolio investors have shifted from net buyers to aggressive sellers, pulling nearly Rs 21,000 crore out of Indian equities in September after buying in July and August. Analysts say the latest selling does not appear to be a straightforward bet against India.