FPIs withdraw ₹85,790 crore from Indian equities in October on attractive Chinese market valuations

Published in October 2024 in The Hindu

This month witnessed significant outflows in FPI as geopolitical tensions and shifting global economic conditions influenced investor sentiment, Akhil Puri, Partner, Financial Advisory, Forvis Mazars in India, said.

Heightened concerns around geopolitical stability and recent developments in China have led foreign investors to adopt a more cautious stance, reallocating capital to safer markets. This trend highlights the impact of global uncertainties on emerging markets, where volatility can significantly shape investment patterns, he added.

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