FPIs withdraw Rs 13,138 crore from equities in September so far amid global uncertainty
During the first week of September, a massive outflow of Rs 13,138 crore from Indian equities occurred, marking a stark reversal after foreign investors had previously engaged in net buying during July and August. The pullback can be attributed to global uncertainties, climbing crude oil costs, and rising US bond yields.
FPIs withdraw Rs 13,138 crore from equities in September so far amid global uncertainty
What Happened
During the first week of September, a massive outflow of Rs 13,138 crore from Indian equities occurred, marking a stark reversal after foreign investors had previously engaged in net buying during July and August. The pullback can be attributed to global uncertainties, climbing crude oil costs, and rising US bond yields.
Key Details
Original reporting provided by Economic Times Markets.
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