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Market move▼ Bearish for Indian equities
FPIs turn net sellers, pull out ₹35,860 crore in September
The brief
- FPIs withdrew ₹35,860 crore from Indian equities in September
- They had invested ₹20,200 crore in July and ₹29,630 crore in August
- Foreign outflows can pressure Indian equities, particularly stocks reliant on overseas portfolio flows
- FII selling keeps Indian stocks under pressure: Brokerages flag crude, global yields as key risks
- Sensex slides to over 2-year low as FPIs keep selling
- September fundraising highest for any month this year amid Nifty's big fall
- Stock markets fall for fourth day on relentless foreign fund outflows; Sensex drops 570 points
- Foreign capital is slipping away. Can India lure investors back?