FPIs offload ₹29,520 crore in Indian equities as sell-off continues in February: What’s behind this trend?

FPIs offload ₹29,520 crore in Indian equities as sell-off continues in February: What’s behind this trend?

Foreign portfolio investors (FPIs) started February on a positive note but took a U-turn on weak global cues and continued January’s selling streak in Indian markets. According to market experts, FPIs continue buying in primary markets and debt, counterbalanced the total net sell-off amount so far in February. However, the capital outflow by FPIs stands …

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