FPIs pull out ₹34,843 crore from Indian equities in October, but turn net buyers end of the month
Foreign Portfolio Investors (FPIs) withdrew ₹34,843 crore from Indian equities in October due to concerns over global interest rates and crude oil prices. Despite the heavy outflow, there was a slight recovery in buying activity toward the end of the month.
Why it matters
Significant FPI outflows impact market liquidity and reflect international investor sentiment regarding the Indian economy's stability.
New Delhi Foreign portfolio investors (FPIs) withdrew ₹34,843 crore from Indian equities in October, marking the second consecutive month of heavy outflows, amid concerns over higher crude oil prices, global interest rates, and the outlook on corporate earnings. https://www.thehindu.com/business/markets/ However, foreign investors turned net buyers towards the end of the month, infusing around ₹6,300 crore from October 26 to October 30 when compared with net outflows of nearly ₹2,700 crore in the week ended October 23.
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