NEW DELHI : Foreign portfolio investors (FPIs) have withdrawn a net ₹12,650 crore from the Indian capital markets in April so far amid the coronavirus crisis.
Between April 1 to 17, FPIs pulled out a net sum of ₹3,808 crore from equities and ₹8,842 crore from the debt segment, the depositories data showed.
The total net outflow stood at ₹12,650 crore. However, April has been a tad better compared to March, when overseas investors had withdrawn a record ₹1.1 lakh crore on a net basis from the Indian markets (both equity and debt).
The quantum of net outflows has significantly slowed down, at least from equities, said Himanshu Srivastava, senior analyst manager research, Morningstar India. "Out of eight trading days so far in the holiday