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The Economic Times
The Economic Times
Business

FPIs pull out Rs 52,100 cr from equities in Oct so far amid global headwinds

Stock Market United States Oil Pabitro Mukherjee Bonds

New Delhi, Foreign portfolio investors (FPIs) have withdrawn Rs 52,100 crore from Indian equities in October so far, as elevated crude oil prices, higher US bond yields and a stronger dollar weighed on investor sentiment.

The latest outflow follows a net withdrawal of Rs 35,861 crore in September. FPIs had invested Rs 20,200 crore in Indian equities in July and Rs 29,631 crore in August, according to data from the Central Depository Services Ltd (CDSL).

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