Foreign investors' exodus continues for 9th month; withdraw ₹50,203 crore from equity market in June
Updated: 03 Jul 2022, 10:06 AM IST
TL;DR.
Foreign portfolio investors (FPIs) have now pulled out around ₹2.2 lakh crore from domestic equities in the first six months of 2022 -- the highest-ever net withdrawal by them. Before that, FPIs withdrew ₹52,987 crore in the entire 2008, data with depositories showed.FILE PHOTO: Woman holds U.S. dollar banknotes in front of Euro banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration