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India sees highest-ever monthly FPI sell-off in October at ₹77,700 crore
short by Pragya Swastik / on Monday, 21 October, 2024
October has recorded the highest-ever monthly FPI (foreign portfolio investor) outflows from India at over ₹77,700 crore, ANI reported. This surpassed the COVID-19-induced sell-off of March 2020 when Indian equities worth ₹61,972.75 crore were offloaded. From October 14-18, FPIs sold Indian equities worth ₹19,065.79 crore and the week before this, FPIs offloaded equities worth ₹31,568.03 crore.
read more at Hindustan Times