FPIs turn net sellers again; withdraw Rs 7,600 cr from equities in Sep

With this, the total outflow by FPIs from the Indian equity markets has reached Rs 1.68 trn so far in 2022, data with depositories showed

After infusing funds in the last two months, foreign investors turned sellers again in September and pulled out over Rs 7,600 crore from the Indian equity markets amid hawkish stance by the US Fed and sharp depreciation in rupee.
 

With this, the total outflow by Foreign Portfolio Investors (FPIs) from the Indian equity markets has reached Rs 1.68 lakh crore so far in 2022, data with depositories showed.
 

FPI flows are expected to remain volatile in the coming months on slew of global and domestic factors, experts said.
 

"The UK government's expansionary fiscal policies amid elevated global inflation roiled the