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Foreign investors pull out Rs 6,000 cr in July as selling spree continues

They have been on an unbroken selling streak since the Union Budget, spooked by increase in income-tax surcharge, taxes on buybacks, and lack of stimulus to prop up the economy

Topics
FPIs | Overseas Investors

Sundar Sethuraman  |  Mumbai 

FDI, foreign investment
Illustration: Ajay Mohanty

have been on a selling spree this month. Month-to-date (MTD) they have pulled out Rs 5,673 crore from domestic equities, being net-sellers on 11 out of the 13 trading sessions.

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First Published: Wed, July 17 2019. 20:26 IST
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