FPIs pull out nearly Rs.48,000 cr from Indian capital markets so far in March

Continuing their selling spree for the sixth straight month, foreign investors have pulled out nearly 48,000 crore rupees from the Indian capital markets so far in March. 

According to the depositories data, Foreign Portfolio investors, FPIs, pulled out 42,079 crore rupees from the equities markets and 5,810 crore rupees from the debt market, taking the the



total net outflow from the Indian capital markets to 47,889 crore rupees in the first two weeks of March.

Prior to this, FPIs had pulled out over 38,000 crore rupees in February, nearly 28,000 crore rupees in January, 30,000 crore rupees in December, 2,500 crore rupees in November and nearly 12,700 crore rupees in October.