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FPI outflows at nearly Rs 6,000 crore in January

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Foreign investors have pulled out close to Rs 6,000 crore so far from the Indian stock markets in January and experts believe this trend will continue in the coming months as well.

This comes following a collective net inflow of Rs 8,584 crore in the equity markets by Foreign Portfolio Investors (FPIs) during November and December 2017. Prior to that, they had pulled out a massive Rs 28,900 crore in October.

According to data available with the depositories, FPIs withdrew a net amount of Rs 5,880 crore during January 1-25.

However, they invested a net Rs 163 crore in the country’s debt markets during the period under review.

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