FPI outflows: Investors pull Rs 12,257 cr from equities in September first week

Foreign Portfolio Investors withdrew Rs 12,257 crore from Indian equities in early September, extending outflows driven by a stronger dollar and geopolitical tensions. High valuations and slowing corporate earnings in India also contributed to this risk-off sentiment. Massive domestic institutional buying enabled FPIs to exit at high valuations and redirect funds to cheaper markets.