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FPIs withdraw Rs 85,790 Cr from Indian equities in October

  • Foreign Portfolio Investors (FPIs) have withdrawn a massive Rs 85,790 crore from Indian equities in October.
  • This marks the worst-ever month in terms of foreign fund outflows, surpassing the previous record of Rs 61,973 crore in March 2020.
  • The outflow was influenced by Chinese stimulus measures, attractive stock valuations, and the elevated pricing of domestic equities.
  • The trajectory of global events, domestic indicators, and geopolitical developments will play a crucial role in shaping future foreign investment in Indian equities.

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