NEW DELHI: Foreign investors pulled out a massive Rs 94,000 crore (around $11.2 billion) from the Indian stock market in October, making it the worst-ever month in terms of outflows, triggered by the elevated valuation of domestic equities and attractive valuations of Chinese stocks.
Before this, foreign portfolio investors (FPIs) withdrew Rs 61,973 crore from equities in March 2020.
The latest outflow came after a nine-month high investment of Rs 57,724 crore in September 2024.
This story is from the New Delhi 04November2024 edition of Millennium Post Delhi.
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This story is from the New Delhi 04November2024 edition of Millennium Post Delhi.
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