FPI Sell-Off Exceeds Rs 52,000 Crore in October Despite Nifty Gains
Foreign portfolio investors withdrew over Rs 52,000 crore from Indian equities in October, exceeding September's outflows. Despite this heavy selling driven by rising US Treasury yields and high crude oil prices, the Nifty and Sensex indices rebounded strongly. The recovery was supported by strong domestic institutional buying and gains in the IT sector.
ET Markets·


