FPIs sell ₹35,860 crore in September as Nifty slides 14%

FPIs sell ₹35,860 crore in September as Nifty slides 14%

Foreign portfolio investors turned net sellers in September, offloading ₹35,860 crore in Indian equities and another ₹18,513 crore in early October, per NSDL data. The Nifty has fallen for eight straight weeks, its worst streak in 25 years, and is down 14% year-to-date. Surging US bond yields, elevated crude prices and Middle East tensions are driving the retreat.

Source: Mint

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