FPIs Dump Indian Equities Worth Over Rs 28,000 Crore In May So Far On Election Outcome Concerns

FPIs Dump Indian Equities Worth Over Rs 28,000 Crore In May So Far On Election Outcome Concerns

Foreign portfolio investors (FPIs) continued to be anxious about Indian equities in light of the ongoing general elections. The investors dumped equities worth Rs 28,000 crore in the month so far, due to uncertainties regarding the election outcome and lucrative valuations of the Chinese markets.  Official data with the depositories revealed that as of May…

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