Foreign portfolio investors (FPIs) have extended their selling streak, pulling out 22 thousand and 530 crore rupees from Indian equities so far this month.
According to the depositories’ data, FPIs, have also withdrawn 5 thousand and 143 crore rupees from Indian debt general limit during the same period under review.
This withdrawal from equities comes after a net outflow of 22 thousand and 611 crore rupees in December last year and 3 thousand and 765 crore rupees in November.
However, in October, FPIs infused 14 thousand and 610 crore rupees, after a three-month streak of heavy withdrawals.
