CosmicTaco

Foreign Investors Pull Out ₹21,612 Crore in November

CosmicTaco · 2024-12-01T14:37:08.144774+05:30

- Foreign investors withdrew ₹21,612 crore from Indian equities in November due to rising U.S. bond yields and a strengthening dollar. - Despite the sell-off, the net outflow was significantly lower than October's ₹94,017 crore withdrawal. - Factors like political stability in Maharashtra and MSCI index rebalancing contributed to a partial recovery in investor confidence. Source: [The Hindu](https://www.thehindu.com/business/markets/fpis-selling-spree-continues-in-november-at-21612-crore/article68934129.ece), [The Economic Times](http://economictimes.indiatimes.com/markets/stocks/news/fpis-selling-spree-continues-in-november-with-rs-21612-crore-outflow/articleshow/115861235.cms)

Foreign investors withdrew ₹21,612 crore from Indian equities in November due to rising U.S. bond yields and a strengthening dollar.
Despite the sell-off, the net outflow was significantly lower than October's ₹94,017 crore withdrawal.
Factors like political stability in Maharashtra and MSCI index rebalancing contributed to a partial recovery in investor confidence.

Source: The Hindu, The Economic Times