Synopsis
Overseas investors, which constitute about one-fifth of India’s total market capitalization, sold Indian equities worth $ 8.4 billion (Rs 64,000 crore) between February 15 and March 15, 2022. This was bigger than the outflow of $ 8.3 billion in March 2020.
ET Intelligence Group: Foreign portfolio investors (FPIs) sold $3.7 billion (₹28,000 crore) of Indian financial services stocks over the past month accounting for nearly 45% of their total outflow, data from NSDL show. Overseas investors, who constitute about one-fifth of India’s total market capitalization, sold Indian equities worth $8.4 billion (₹64,000 crore) between February 15 and March 15, 2022. This was bigger than the outflow of $8.3
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