FPIs dump ₹94,017 crore in Indian equities; outflow hits record-high in October on high market valuations

FPIs dump ₹94,017 crore in Indian equities; outflow hits record-high in October on high market valuations

Foreign portfolio investors (FPIs) extended their robust selling streak in the Indian market, with the sell-off hitting a record high in October amid ongoing geopolitical tensions and cheaper valuations in the Chinese stock market. The FPI outflows recorded in October were the highest ever in a single month in Indian markets. Notably, this comes ahead … Read more