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Foreign portfolio investors cautious, pull out Rs 9,400 crore from capital markets
Foreign portfolio investors have turned bearish on the Indian capital markets and have pulled out huge Rs9,400 crore. The development comes in the wake of investors putting massive amounts in the markets in the last two months. Foreign Portfolio Investors (FPIs) have already withdrawn around Rs 48,000 crore from Indian capital markets in the first half of the current year, making it the highest outflow in a decade.
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