FPIs pull out Rs 2,416 cr from Indian capital markets in January

Adopting a cautious approach amid the US-Iran tensions, foreign portfolio investors (FPI) have pulled out around sum of 2,416 crore rupees from the Indian capital markets in January so far. As per latest depositories data, FPIs invested a net amount of 777 crore rupees in equities and pulled out around 3,193 crore rupees from the debt segment between January 1-10. This translates into a cumulative net outflow of 2,416 crore rupees.  Overseas investors have turned net sellers in January after rem...