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FPIs take out Rs 58,711 crore from equities in October on geopolitical crisis, strong Chinese stocks
Credit: IndiaTimes- Published on October 13, 2024
Foreign investors have become net sellers in October, withdrawing Rs 58,711 crore in equities due to the Middle East conflict, rising crude oil prices, and strong Chinese market performance. This comes after a significant investment surge in September. Market uncertainty drives risk aversion, impacting Indian equities.
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