What’s worrying foreign investors? FPIs withdraw record Rs 94,000 in October

Foreign investors withdrew a record Rs 94,000 crore ($11.2 billion) from the Indian stock market in October 2024, surpassing the prior high of Rs 61,973 crore in March 2020. This sharp outflow contrasts September’s net FPI investment of Rs 57,724 crore, which marked a nine-month high, underscoring the market’s volatility.