FPIs outflow continues for 8th straight month; pull out nearly Rs 40,000-cr from equities in May ...Middle East

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FPIs outflow continues for 8th straight month; pull out nearly Rs 40,000-cr from equities in May
source : Devdiscourse ( Middle East ) () 14
Continuing its heavy selling spree for the eighth consecutive month, foreign investors pulled out nearly Rs 40,000 crore from the Indian equity market in May on fears of an aggressive rate hike by US Federal Reserve that dented investor sentiments.

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