Foreign investors withdraw ₹52,704 crore from Indian equities
after close1 source ↓written by the desknot a recommendation
- from India's equity
- ₹52,704 crore
- in February
- ₹22,615 crore
In a significant shift, foreign investors have pulled out ₹52,704 crore from India's equity market in the first two weeks of March, driven by escalating geopolitical tensions and rising crude oil prices. This follows a strong inflow of ₹22,615 crore in February, highlighting a stark reversal in sentiment.
The weakening rupee and global market volatility further exacerbate concerns about India's economic growth, impacting foreign portfolio investor (FPI) confidence. 📉
Not investment advice. For informational purposes only.