FPIs Pull Out ₹14,185 Crore from Indian Equities, Invest ₹915 Crore in Debt

Foreign investors pulled out 14,185 crore rupees from the Indian equity markets so far this month. However, as per depositories data, foreign portfolio investors or FPIs invested 915 crore in the debt general limits. The sharp withdrawal from equities follows a net outflow of 3,765 crore rupees in November. The current trend comes after a brief pause in October, when Foreign Portfolio Investors, or FPIs, infused 14,610 crore rupees, snapping a three-month streak of heavy withdrawals. FPIs sold equities worth 23,885 crore rupees in September, 34,990 crore rupees in August, and 17,700 crore rupees in July.