FPIs Withdraw Rs 85,790 Cr From Equities Due To Chinese Mkt Valuation
27 Oct 2024
Foreign portfolio investors (FPIs) have withdrawn a substantial ₹85,790 crore (approximately $10.2 billion) from Indian equities this month, driven by Chinese market stimulus measures, appealing stock valuations abroad, and high domestic equity prices. October is shaping up to be the worst month for foreign fund outflows on record, surpassing the...
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