FPIs incessant selling continues; withdraw Rs 64,000 cr from equities in Jan

The exodus of FPIs from the Indian equity markets continues unabated, as they withdrew Rs 64,156 crore (USD 7.44 billion) this month so far on depreciation of the rupee, rise in the US bond yields and expectation of a tepid earning season. The exodus of FPIs from the Indian equity markets continues unabated, as they withdrew Rs 64,156 crore (USD 7.44 billion) this month so far on depreciation of the rupee, rise in the US bond yields and expectation of a tepid earning season.  Economic Times