FPIs turn net sellers, pull out Rs 35,860 cr in Sep
60-Word AI Digest
In September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising US interest rates. This selling trend persisted into October with an outflow of Rs 9,232 crore. This selling follows significant investments of Rs 49,830 crore made in July and August.
Key Takeaways
- In September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising US interest rates.
- This selling trend persisted into October with an outflow of Rs 9,232 crore.
- This selling follows significant investments of Rs 49,830 crore made in July and August.
In September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising US interest rates. This selling trend persisted into October with an outflow of Rs 9,232 crore. This selling follows significant investments of Rs 49,830 crore made in July and August.
Original Publisher Attribution
This summary was curated from Economic Times.