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FPI selling accelerates in October; ₹31,000 crore withdrawn in 4 sessions: What’s next for Indian stock market?

FPI selling accelerates in October; ₹31,000 crore withdrawn in 4 sessions: What’s next for Indian stock market?

Foreign portfolio investors have withdrawn ₹31,282 crore from Indian equities in the first five sessions of October, following heavy selling in September. Inflation concerns, rising crude prices, elevated US Treasury yields, and a weaker rupee have pressured market sentiment.

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