Foreign investors pulled out a record Rs 94,000 crore from Indian equities in October, citing attractive valuations in China. This marks the worst month for foreign portfolio investors (FPIs) since March 2020. The outflow comes after FPIs invested heavily in September. Experts suggest that global events like US elections and interest rate movements will shape future FII flows.

Source: https://www.wionews.com/business-economy/fpis-pull-out-record-rs-94000-crore-from-equities-in-october-on-attractive-china-valuation-773125