Foreign Portfolio Investors Offloading Indian Equities
Key Points: Foreign Portfolio Investors (FPIs) have been earnestly offloading Indian equities throughout October 2024, keeping an influential trend in the economic markets. FPIs have sold stakes worth about $10.17 billion (₹82,845 crore) this month, with excellent outflows impacting several industries. Reasons Behind the Selloff: Shift to More Affordable Markets The primary driver of this…