Why did FPIs dump ₹25,586 crore worth of Indian shares in May-Explained with 4 key reasons

News Snapshot:

Foreign portfolio investors (FPIs) have remained sellers in Indian markets ever since reducing their buying momentum with the onset of the new fiscal 2024-25 (FY25). Volatility due to Lok Sabha elections 2024, hawkish stance from global central banks, outperformance in Chinese markets, and other global cues have weighed on the sentiments of foreign investors. FPIs offloaded ₹25,586 crore worth of Indian equities and the total outflow stands at ₹12,911 crore as of May 31, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The total debt inflows stand at ₹8,761 crore in May...