FPI selling spree continues in November at Rs 26,533 cr
Millennium Post Delhi|Delhi 25 November 2024
Foreign investors have pulled out Rs 26,533 crore from the Indian equity market this month so far owing to increasing allocations to China, concerns over muted corporate earnings and elevated valuation of domestic stocks.
FPI selling spree continues in November at Rs 26,533 cr

While the sell-off continues, the quantum of net outflows has significantly reduced compared to October, when Foreign Portfolio Investors (FPI) withdrew Rs 94,017 crore (USD 11.2 billion) on a net basis.

With the latest pull-out, FPI outflows on a net basis are Rs 19,940 crore in 2024 so far.

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Esta historia es de la edición Delhi 25 November 2024 de Millennium Post Delhi.

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