Foreign portfolio investors (FPIs) have been on a selling spree in India.
Foreign portfolio investment (FPI):
Difference between Foreign Portfolio Investment (FPI) and Foreign Direct Investment (FDI)
What factors spur FPI moves?
Why have FPIs been selling India holdings?
FPIs sold assets worth ?44,000 crore in May 2022. This is the second highest sell-off in a month since 1993, after March 2020. Some of recent events:
With each of these factors contributing to a decline in confidence of robust economic performance, foreign portfolio investors have been reducing market investments over these past months.
Verifying, please be patient.