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FPIs Withdraw ₹21,272 Cr From Equities in First 2 Weeks of Feb
Financial Express Kochi
|February 17, 2025
THE EXODUS OF FPIs from the Indian equity markets continues as they pulled out ₹21,272 crore in the first two weeks of this month, driven by global tensions after the US imposed tariffs on imports.
This came following a net outflow of ₹78,027 crore in January. With these, the total outflow by FPIs has reached ₹99,299 crore—near ₹1 lakh crore—in 2023 so far, data with the depositories showed.
Going forward, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, believes that reversal of FPI strategy will happen when the dollar index moves down.
This story is from the February 17, 2025 edition of Financial Express Kochi.
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