NEW DELHI: Foreign investors pulled out Rs 21,612 crore ($2.56 billion) from the Indian equity market in November, mainly due to the rising US bond yields, strengthening dollar and expectation of a slowdown in the domestic economy.
While the sell-off continues, the quantum of net outflow significantly reduced compared to October, when FPIs recorded a massive withdrawal of Rs 94,017 crore ($11.2 billion).
With the latest pull out, Foreign Portfolio Investors (FPIs) have experienced total net outflow of Rs 15,019 crore in 2024 so far.
This story is from the December 02, 2024 edition of Millennium Post Delhi.
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This story is from the December 02, 2024 edition of Millennium Post Delhi.
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