FPIs turn net sellers in capital markets in October so far, pull out net ₹1,472 crore
The Hindu
A trend reversal was witnessed in the debt segment in October from the big buying in the previous two months.
Foreign portfolio investors (FPI) have turned net sellers in the capital markets in October so far, reversing the trend of net investments in the previous two months, due to depreciation in the rupee and global factors, experts said.
According to the depositories' data, FPIs have pulled out ₹1,472 crore from capital markets on a net basis in the current month so far.
A trend reversal was witnessed in the debt segment in October from the big buying in the previous two months when FPIs had invested ₹13,363 crore in September and ₹14,376.2 crore in August. In October so far, they pulled out ₹1,698 crore.
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