Foreign outflows from Indian stocks hit 6-month high in September
Foreign portfolio investors sold Indian equities worth 256.62 billion rupees in September, the highest monthly outflow in six months.
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Foreign portfolio investors sold Indian equities worth 256.62 billion rupees in September, the highest monthly outflow in six months.
By Bharath RajeswaranForeign portfolio investors ended a two-month buying streak in September, selling Indian equities worth 256.62 billion rupees ($2.7 billion), their highest monthly outflow in six months, as rising oil prices and elevated bond yields eroded the appeal of Indian assets.The Nifty…