FPIs take out Rs 44,396 cr from equities in Jan amid weak earnings outlook, rising dollar

NEW DELHI: Foreign investors have pulled out Rs 44,396 crore from Indian equities this month, driven by strength of the dollar, rising bond yields in the US, and expectations of a weak earnings season.

This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.

RBI’s monetary policy panel starts deliberations; decision on Friday

Rupee falls 25 paise to 85.86 against US dollar in early trade

The shift in sentiment comes amid global and domestic headwinds.

FPIs take out Rs 44,396 cr from equities in Jan amid weak earnings outlook, rising dollar

RBI’s monetary policy panel starts deliberations; decision on Friday

Rupee falls 25 paise to 85.86 against US dollar in early trade

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News Desk

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