FPIs Sell Rs 45,536 Crore In September, Large-Cap Valuations Turn Attractive After Market Slide

Mumbai: Foreign portfolio investors sold equities worth Rs 45,536 crore in September as rising US bond yields and concerns over high crude prices hurt sentiment. However, they invested Rs 9,676 crore through the primary market, showing continued interest in selected opportunities.The selling has dragged Indian shares lower, although the correction has made valuations of large companies more attractive, according to...