FPI sell-off continues; pull out ₹39,000 crore from equities in May so far2 min read . Updated: 29 May 2022, 11:09 AM IST
With this, the net outflow by foreign portfolio investors (FPIs) from equities has reached ₹1.66 lakh crore so far in 2022
New Delhi: Continuing their selling spree, foreign investors have dumped Indian equities worth over ₹39,000 crore this month so far amid rising bond yields in the US, an appreciating dollar and prospects of more aggressive rate hikes by the Federal Reserve.
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