FPIs Pull Out Rs 21,000 Crore From Equities Amid Conflicts

FPIs Pull Out Rs 21,000 Crore From Equities Amid Conflicts

Foreign portfolio investors (FPIs) withdrew Rs 21,000 crore from Indian equities in the past four trading sessions amid rising global risk sentiment due to the West Asia crisis. This follows February inflows of Rs 22,615 crore, after three months of selling, with withdrawals recorded in January, December, and November, depository data showed.