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The Economic Times
The Economic Times
Business
Akash Podishetti

FII selling worsens; foreign investors pull out Rs 26,000 crore from Indian equities in three days

Foreign institutional investors have sold Indian shares worth over Rs 26,000 crore in the last three trading sessions, deepening pressure on equities after a sharp September correction led by high crude oil prices, elevated US bond yields and a weaker rupee.

Provisional data showed FIIs sold shares worth Rs 10,148 crore on Thursday, following outflows of Rs 10,743 crore and Rs 5,538 crore on the previous two days, respectively.

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