FPIs withdraw Rs 20k cr in 5 trading days of Nov
Ahmedabad Mirror|November 11, 2024
FPI's did record net withdrawal of Rs 94,017 crore in October and continued to pull out in November and shift towards Chinese market
FPIs withdraw Rs 20k cr in 5 trading days of Nov

The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China.

As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far.

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