January 24, 2016 4:57 PM

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Overseas investors pull out over 9,500 crore rupees from domestic stock markets

Overseas investors have pulled out more than 9,500 crore rupees from the domestic stock markets between 1 and 22 January, amid global growth worries and a sharp fall in oil prices. According to data available with depositories, Foreign Portfolio Investors, FPIs infused a gross amount of 53,296 crore rupees into the domestic equity markets between this period, and pulled out 63,259 crore rupees during the same period, resulting in a net outflow of 9,963 crore rupees. But FPIs remain bullish about the debt market, and invested a net sum of 2,353 crore rupees during the period.

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