FPI outflows resume in November: Rs 3,765 crore offloaded; global risk-off cues and high domestic valuations hit sentiment
Foreign investors withdrew a net Rs 3,765 crore from Indian equities in November following October’s brief respite, influenced by global risk-off sentiment, instability in global technology stocks and a preference for primary over secondary markets.This November decline followed October’s net inflow of Rs 14,610 crore, which had interrupted three consecutive months of outflows — Rs…
