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FPIs withdraw ₹6,400 crore from equity markets in May so far

Foreign Portfolio Investors remained net sellers for seven months to April 2022, withdrawing over ₹1.65 lakh crore from equities. This was largely on the back of anticipation of a rate hike by the US Federal Reserve and due to the deteriorating geopolitical environment following the Ukraine war.

FPI flows continue to remain negative in the month of May till date and they have sold around <span class='webrupee'>₹</span>6,417 crore during May 2-6, data with depositories showed. The trading in market was closed on May 3 on account of Eid.(Bloomberg) — FPI flows continue to remain negative in the month of May till date and they have sold around ₹6,417 crore during May 2-6, data with depositories showed. The trading in market was closed on May 3 on account of Eid.(Bloomberg)

Published on May 08, 2022 02:34 PM IST

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