FPIs pull out ₹6k cr from debt markets in May
Foreign Portfolio Investors (FPIs) have pulled out ₹5,986 crore from the Indian debt markets in May (till May 27). They have invested ₹1,495 crore in the equity markets during the period, leading to a net outflow of ₹4,491 crore. A weakening rupee and the possibility of a rate hike by the US Federal Reserve led to the outflow, analysts said. 