FPIs' exodus continues; take out Rs 9,600 crore from equities in February

The outflow comes following a net withdrawal of Rs 28,852 crore by Foreign Portfolio Investors (FPIs) in January. This was also the worst outflow in the last seven months, data with the depositories showed.Prior to that, they made a net investment of Rs 11,119 crore in December and Rs 36,238 crore in November.

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