Times of IndiaLean R·
FPIs withdraw Rs 34,843 crore from Indian stocks; second straight month of selling spree
Foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October, continuing a trend. Despite substantial outflows, foreign investors became net buyers towards the end of the month. Market experts suggest that recent foreign buying may indicate a shift in sentiment. Investors are focused on global crude prices and US interest rates influencing markets. The outcome of upcoming events will remain critical for future investment flows.
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