FPIs selling spree continues; pull out Rs 5,800 crore from equities in November
Foreign Portfolio Investors (FPIs) have continued to sell Indian equities, with over Rs 5,800 crore being dumped this month due to rising interest rates and geopolitical tensions in the Middle East. This trend started in September and has continued into November, although the intensity of selling has decreased. Experts believe that the selling trend may not continue as the US Federal Reserve has indicated a dovish stance.
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