In Apr, FPIs pull out ₹31,575 cr equities

FOREIGN INVESTORS HAVE pulled out ₹31,575 crore from the country's equity markets so far this month, in the wake of turbulence emanating from sweeping tariffs imposed by the US on most nations, including India.

- PRESS TRUST OF INDIA

This came following a net investment of ₹30,927 crore in the six trading sessions from March 21 to March 28. This infusion helped reduce the overall outflow for March to ₹3,973 crore, according to data from the depositories.

Compared to previous months, this marks a notable improvement. In February, foreign portfolio investors (FPIs) took out ₹34,574 crore, while in January, the outflow was even higher at ₹78,027 crore.