Mumbai: Foreign portfolio investors (FPIs) remained net sellers in the Indian equity markets. FPIS withdrew Indian equity worth over Rs 5,805 crore during November 1-10. As per market experts, the rising interest rates and geopolitical tensions in the Middle East are the main reason for this.
FPIs withdrew Rs 24,548 crore in October and Rs 14,767 crore in September. On the other hand, FPIs invested Rs 6,053 crore in debt market during November 1-10. They invested Rs 6,381 crore in October in debt market.
Before the outflow, FPIs were incessantly buying Indian equities in the last 6 months from March to August and brought in Rs 1.74 lakh crore during the period. With this, the total investment by FPIs in equity has reached Rs 90,161 crore and Rs 41,554 crore in the debt market so far this year.
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Foreign institutional investors (FII) or Foreign portfolio investors (FPI) are those who invest in the financial assets of a country while not being part of it. On the other hand, Domestic Institutional Investors (DII) are those who invest in the country they are living in. Both types of investors can impact the economy’s net investment flows.
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