FPIs withdraw record ₹94,000 crore from Indian equities in October on attractive Chinese valuations
The elevated valuations of Indian equities have triggered a shift in investments towards China, where valuations are currently more attractive. File | Photo Credit: The Hindu Foreign investors pulled out a massive ₹94,000 crore (around USD 11.2 billion) from the Indian stock market in October, making it the worst-ever month in terms of outflows, triggered…