FPI sell-off continues; Rs 3,400 crore pulled out in just three trading sessions in November orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
According to the data with the depositories, FPIs sold shares to the tune of Rs 3,412 crore during November 1-3. FPIs have been on a selling spree since the start of September.
FPI sell-off continues; Rs 3,400 cr pulled out in just 3 trading sessions in Nov dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Foreign Portfolio Investors (FPIs) selling spree continues as they pulled out over Rs 3,400 crore from the Indian equity markets in the first three trading sessions of November on rising interest rates and geopolitical tensions in the Middle East.
This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed.
Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.