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₹1.1 lakh crore in March amidst Covid-19 mayhem

city New Delhi India covid-19 pandemic economy Coronavirus
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NEW DELHI : Foreign portfolio investors (FPIs) have net withdrawn a record ₹1.1 lakh crore from the Indian markets in March as the coronavirus pandemic dented investor sentiment worldwide.

According to latest depositories data, FPIs pulled out a net ₹61,973 crore from equities and ₹56,211 crore from the bond market in March, taking the cumulative net outflow to ₹1,18,184 crore.

The outflow of funds in March comes after six consecutive months of investment by FPIs since September 2019. This is also the highest withdrawal ever since the FPI data has been made available by the National Securities Depository Ltd.

Besides, in just two trading sessions of April, FPIs have withdrawn a net sum of ₹6,735 crore from the domestic markets. Out of

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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