FPIs pull out approx ₹20,000 crore in last five trading sessions
The Statesman|November 11, 2024
The foreign portfolio investors (FPIs) have pulled out approximately Rs 20,000 crore in the last five trading sessions.
STATESMAN NEWS SERVICE
FPIs pull out approx ₹20,000 crore in last five trading sessions

This is due to higher valuations of domestic stocks and shifting their allocation to China.

FPIs have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. According to the data with the depositories, FPIs recorded a net outflow of Rs 19,994 crore so far this month, comprising five trading sessions from November 4-8.

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