FPIs withdrew $2.53 bn equities in 2016
Foreign portfolio investors (FPIs) have offloaded equities worth $2.53 billion (approximately ₹17,385 crore) in the Indian markets in 2016. Domestic investors have bought equities worth $2.8 billion (approximately ₹19,564 crore) in 2016. India, which has seen the second highest outflows by foreign funds after South Korea, accounts for 40% of the total FPI outflows from the Asian markets.