FPIs Pull Out Rs 34,843 Crore From Equities In October; Turn Net Buyers Last Week
Economic Times
What the coverage says
Foreign portfolio investors withdrew Rs 34,843 crore from Indian equities over the course of October, continuing a trend of outflows that followed earlier contributions in July and August. Economic Times noted that these departures came amid rising economic fears and persisted through September before a turnaround occurred. By late October, the investors reversed course to become net buyers for a single week. NDTV Profit reported that market experts view this recent improvement as a shift in near-term sentiment while cautioning that one week of buying does not necessarily indicate a sustained reversal.
Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.
Timeline
- Economic Times first reported it
- NDTV Profit reported it
- Latest update
