 "investment, investors, stocks, market, shares, shareholders, MF, savings")
Foreign portfolio investors (FPIs) are once again stepping on the gas when it comes to pulling out of Indian markets. In the past fortnight, they have yanked out $1.7 billion amid disappointment over the Rs 20-trillion stimulus package and rising Covid-19 cases, despite multiple lockdown extensions.
The two-week rolling average for daily flows is currently at (negative) — $205 million — worst since March-end, when foreign institutional investment selling was at its peak due to major global risk aversion.
Since mid-April, FPI investment rally had improved, following aggressive stimulus measures announced by global central banks. While global liquidity conditions are
