FPIs Withdraw Rs 48,056 Crore from Indian Equities in October Amid High Crude Prices
Audio narration · Coming soon
Foreign Portfolio Investors (FPIs) have withdrawn Rs 48,056 crore from Indian equities in October so far, reflecting concerns amid elevated crude oil prices. This follows earlier investments of Rs 20,200 crore in July and Rs 29,631 crore in August, according to data from the Central Depository Services Ltd (CDSL). The trend indicates a shift in FPI sentiment possibly influenced by global commodity price pressures.
Why this matters
PRISM scored this story 55/100 for interest.
Originally published by gnews