Foreign portfolio investors (FPIs) continued to withdraw funds from ... signalling that substantial selling activity persists. The strong FPI inflows into Indian equities, which followed the US Fed's ...
This (FPI sell-off) was primarily on account of expensive valuations in India, reallocation of funds to China, and optimism ...
Benchmark indices fall over 4% in six sessions; rupee hits record low at 84.40 against USD as FPIs continue to sell.