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The Economic Times
The Economic Times
Business
Kumar Gaurav

Same playbook, different numbers: Why FPI selling may not be the story it looks like

Indian equities remained under pressure this week, with the Nifty 50 extending its losing streak to seven weeks, its longest in six years, as elevated crude prices, rising US Treasury yields, geopolitical uncertainty and accelerating foreign portfolio investor (FPI) outflows weighed on market sentiment.

The Nifty fell around 0.88% during the week despite a late rebound as oil prices eased and value buying emerged.

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