FPIs withdraw close to ₹18,000 crore from equities in August on trade tension, disappointing earnings
Representative file image. , Photo Credit: M. Shrinath Foreign investors have excluded about ₹ 18,000 crore from Indian equities so far this month, by increasing the US-India trade tension, the first quarter corporate earnings and weighted Indian rupees. With this, the total outflow by foreign portfolio investors (FPI) in equity has reached ₹ 1.13 lakh…