Foreign investors withdraw Rs 52,100 crore from Indian equities
FPIs have withdrawn Rs 52,100 crore from Indian equities so far in October, following outflows of Rs 35,861 crore in September. The report cites elevated crude prices, higher US bond yields and a stronger dollar as weighing on sentiment.
Foreign portfolio investors (FPIs) have taken Rs 52100 crore out of Indian equities so far in October. Elevated crude oil prices, higher US bond yields and a stronger dollar weighed on investor sentiment. The latest withdrawal follows an outflow of Rs 35861 crore in September, according to…