scorecardresearchFPI sell-off continues for 9-month, pulled out equities worth ₹50,203 crore in June

FPI sell-off continues for 9-month, pulled out equities worth 50,203 crore in June

Updated: 02 Jul 2022, 01:27 PM IST
TL;DR.
FPIs have been persistently selling equities in the Indian markets for the past nine-to-ten months due to various reasons, including tightening of monetary policy, rising current account deficit on account of depreciation of rupee, rising dollar and bond yields in the US.
FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/File Photo

FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/File Photo