FPIs' sell Rs 4,200 crore equities so far in September

New Delhi: After six months of consistent buying, foreign portfolio investors (FPIs) have turned net sellers to pull out ₹4,200 crore from equities in September, so far, on rising US bond yields, a stronger dollar and concerns over global economic growth.

This came after FPI investment in equities had hit a four-month low of ₹12,262 crore in August.

Before the latest outflow, FPIs were incessantly buying Indian equities in the last six months - from March to August - and brought in ₹1.74 lakh crore during the period.


Apart from equities, FPIs invested ₹643 crore in the country's debt market during the period under review.