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FPIs withdraw ₹13,138 crore from equities in Sep amid global uncertainty

Foreign investors pulled out Rs 13,138 crore from Indian equities in the first half of September, as heightened global u...

FPIs withdraw ₹13,138 crore from equities in Sep amid global uncertainty
Source: Business Standard - Politics

Foreign investors pulled out Rs 13,138 crore from Indian equities in the first half of September, as heightened global uncertainty pushed crude oil prices higher, while rising US bond yields and a firm dollar weighed on risk appetite. The latest outflow comes after Foreign Portfolio Investors (FPIs) turned net buyers in July and August, infusing Rs 20,200 crore and Rs...

SOURCE: Business Standard - Politics
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