Foreign portfolio investors pulled out ₹21,612 cr from equities in Nov
Millennium Post Delhi|December 02, 2024
This came following a net withdrawal of Rs 94,017 crore in October, which was the worst monthly outflow
Foreign portfolio investors pulled out ₹21,612 cr from equities in Nov

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.

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