FPIs turn sellers again, pull out Rs 7,443 crore from Indian equities

In early September, foreign portfolio investors pulled out Rs 7,443 crore from Indian equities after experiencing two months of net investments. This retreat was influenced by soaring crude oil prices and stable US bond yields, which dampened investor enthusiasm. Additionally, foreign entities maintained their selling spree in the Indian debt market. Future FPI movements will likely be determined by global factors such as bond yields and inflation statistics.