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FPIs pull out nearly Rs 8,000 crore from capital markets in April

Foreign portfolio investors (FPIs) have pulled out nearly Rs 8,000 crore from the Indian stock market so far in the month of April 2018, mainly due to considerable volatility in global markets on account of the ongoing trade negotiations and firming up of bond yields.

According to the latest data available with the depositories, during April 2-10, 2018 period, the FPIs withdrew a net amount of Rs 4,181 crore from equities another Rs 3,586 crore from the debt.

In March 2018, there was an inflow of Rs 11,654 crore in equities and an outflow of more than Rs 9,000 crore from the debt markets.  In February, FPIs had pulled out Rs 11,674 from the country's capital markets (equity and debt).

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