Economy
FPIs Withdraw ₹34,843 Crore from Indian Equities in October

FPIs Withdraw ₹34,843 Crore from Indian Equities in October

The Hindu1h
THE BRIEF
1

Foreign portfolio investors (FPIs) pulled out ₹34,843 crore from Indian equities in October, marking the second consecutive month of outflows.

2

Concerns over rising crude oil prices, global interest rates, and corporate earnings outlook contributed to the withdrawals.

3

FPIs turned net buyers towards the end of October, infusing approximately ₹6,300 crore in the final trading days.