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The Economic Times
The Economic Times
Business

FPIs withdraw Rs 13,138 crore from equities in September so far amid global uncertainty

United States Oil India

Foreign investors pulled out Rs 13,138 crore from Indian equities in the first half of September, as heightened global uncertainty pushed crude oil prices higher, while rising US bond yields and a firm dollar weighed on risk appetite.

The latest outflow comes after Foreign Portfolio Investors (FPIs) turned net buyers in July and August, infusing Rs 20,200 crore and Rs 29,630 crore, respectively, according to data from the Central Depository Services (India) Ltd (CDSL).

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