FPIs turn cautious; withdraw ₹20,974 crore from equities in September amid global uncertainty
Representational image of foreign investment outflow. File. | Photo Credit: GettyImages/iStockphoto Foreign Portfolio Investors (FPIs) have turned cautious again, pulling out ₹20,974 crore from Indian equities so far in September amid global uncertainties, higher U.S. interest rates and bond yields, elevated crude oil prices and a weakening rupee. The latest outflow comes after foreign investors…