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FPIs Withdraw ₹52,100 Crore From Indian Equities in October So Far

Foreign portfolio investors withdrew ₹52,100 crore from Indian equities in October so far, following net withdrawals of ₹35,861 crore in September. Elevated crude oil prices, higher US bond yields and a stronger dollar weighed on sentiment.

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Foreign portfolio investors (FPIs) have withdrawn ₹52,100 crore from Indian equities in October so far, as elevated crude oil prices, higher US bond yields and a stronger dollar weighed on investor sentiment.The latest outflow follows a net withdrawal of ₹35,861 crore in September. FPIs had investe…