FPIs’ exodus continues; pull out Rs 46,000 cr from Indian equities in June so far

FPIs’ exodus continues; pull out Rs 46,000 cr from Indian equities in June so far

New Delhi: Foreign investors continue to desert Indian equity markets and pulled out close to Rs 46,000 crore so far this month following monetary policy tightening by the Reserve Bank and US Federal Reserve, high oil prices and volatile rupee. The net outflow by foreign portfolio investors (FPIs) from equities reached Rs 2.13 lakh crore … Read more