FPIs take out Rs 22,000 crore from equities in May amid poll jitters, Chinese mkt outperformance

FPIs take out Rs 22,000 crore from equities in May amid poll jitters, Chinese mkt outperformance

Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets. This came following a net outflow of over Rs 8,700 crore in the entire April on concerns over a tweak in India’s … Read more

FPI outflow tops Rs 2 lakh crore, over double of 2018 high

FPI outflow tops Rs 2 lakh crore, over double of 2018 high

(This story originally appeared in on Jun 16, 2022) Mumbai: Net foreign fund outflow from India in 2022 has crossed the Rs 2-lakh-crore mark, the biggest annual figure ever and more than double the previous high of Rs 80,917 crore recorded in 2018. Of the total, over 90%, or about Rs 1.9 lakh crore, was … Read more