Indian equities: FPIs pull out Rs 14,000 cr from Indian equities in June on global, domestic concerns

[ad_1] Aware of the outlook on the global and domestic fronts, foreign investors continued to pull out of the Indian equity markets, pulling out around Rs 14,000 crore so far this month. With this, the net outflow by foreign portfolio investors (FPI) reached Rs 1.81 lakh crore from equities so far in 2022, data from the depositories showed. In future, FPI selling may continue in the near term, however, a moderation in selling is expected in the short to medium term, said Vinod Nair, Head of Research Told. “This is…