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The Economic Times
The Economic Times
Business

FPIs withdraw Rs 48,056 cr from equities in Oct so far amid elevated crude oil prices

Stock Market Oil United States US Federal Reserve Inflation Corporate Earnings GDP

Foreign investors have withdrawn Rs 48,056 crore from Indian equities in October so far, amid elevated crude oil prices, escalating Middle East tensions, concerns over inflation and weak corporate earnings.

However, Foreign Portfolio Investors (FPIs) significantly moderated their selling last week and turned net buyers on two trading days, signalling some easing in selling pressure.

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