FPI profile: Foreign investors pull out Rs 52,704 crore in a fortnight as Middle East conflict rattles markets – The Times of India

FPI profile: Foreign investors pull out Rs 52,704 crore in a fortnight as Middle East conflict rattles markets – The Times of India

Foreign portfolio investors (FPIs) turned aggressive sellers in Indian equities in March, pulling out Rs 52,704 crore (around USD 5.73 billion) from the cash market in the first fortnight of the month. The withdrawals come amid escalating tensions in West Asia, the weakening of the rupee and growing concerns over the impact of elevated crude…

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