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FPI selling resumes: Rs 12,569 crore pulled out in November; investors rush to tech driven markets

6 months ago

Foreign portfolio investors resumed selling Indian equities in November, withdrawing Rs 12,569 crore due to weak global cues and a risk-averse environment. This follows consistent outflows throughout the year, with FPIs viewing India as an AI-underperformer. However, stretched valuations in AI stocks and potential tech bubbles could prompt a return to buying.
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