FPIs pull out over Rs 3,800 crore in October so far
Foreign portfolio investors, FPIs, pulled out more than 3,800 crore rupees in October so far. According to the depositories data, FPIs turned net sellers this month after huge buying in the debt segment in last two months. In September FPIs invested 13,363 crore rupees while pumped 14,376.2 crore rupees in August in the debt market.
In this month so far, FPIs have pulled out 1,494 crore rupees from the debt and and 2,331 crore rupees from the equities. The total net outflow stood at 3,825 crore rupees during first to 22nd of this month.