FPIs turn sellers: Foreign portfolio investors withdraw Rs 21,000 crore amid Middle East tensions
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Foreign portfolio investors divested nearly Rs 21,000 crore from Indian equities in the first week of March, driven by escalating Middle East tensions and a weakening global risk appetite. This follows a strong February inflow, with analysts citing geopolitical risks, rupee depreciation, and rising US Treasury yields as key factors influencing the outflows.
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