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FPIs pull $4.5 billion from stocks in March so far after buying selectively in February

Updated : March 18, 2020 01:46 PM IST

During February, the FPIs have bought Rs 24 billion worth retail sector stocks, Energy sector saw buying of Rs 13 billion and Telecom Rs 7 billion.
So far in March, FPIs have sold equities worth $4.5 billion and bond outflows exceed $4 billion.
Systematic outflow from equities as an asset class via ETF route is negative for all emerging markets including India flows.
FPIs pull $4.5 billion from stocks in March so far after buying selectively in February

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