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FPIs Pull Out ₹48,056 Crore From Indian Equities In October, High Crude Prices And Middle East Tensions Trigger Selling

FPIs Pull Out ₹48,056 Crore From Indian Equities In October, High Crude Prices And Middle East Tensions Trigger Selling
Photo: Free Press Journal · view original

New Delhi: Foreign Portfolio Investors (FPIs) have withdrawn Rs 48,056 crore from Indian equities in October so far, driven by elevated crude oil prices, Middle East tensions, inflation concerns and uncertainty over corporate earnings. The latest selling follows withdrawals of Rs 35,861 crore in...

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