Remaining risk-averse amid the coronavirus pandemic, overseas investors have withdrawn net Rs 10,347 crore from Indian capital markets in April so far.
Between April 1-24, foreign portfolio investors (FPI) pulled out a net sum of Rs 6,822 crore from equities and Rs 3,525 crore from the debt segment, depositories data showed. The total net outflow stood at Rs 10,347 crore.
However, the quantum of outflows has reduced from March, when FPIs had withdrawn a record Rs 1.1 trillion on net basis from Indian markets (both equity and debt).
"The sharp drop in the quantum of net flows could be