FPIs turn net sellers in Jan; pull out Rs 3,600 cr in just 9 sessions

NEW DELHI: Foreign investors have pulled out more than Rs 3,600 crore from the Indian equity markets in the last nine trading sessions, adopting a cautious stance towards the country. This comes following a cumulative net inflow of Rs 8,584 crore in the equity markets by Foreign Portfolio Foreign investors have pulled out more than Rs 3,600 crore from the Indian equity markets in the last nine trading sessions, adopting a cautious stance towards the country. This comes following a cumulative net inflow of Rs 8,584 crore in the equity markets by Foreign Portfolio Investors (FPIs) during November and December. According to data available with the depositories, FPIs withdrew a net amount of Rs 3,677 crore from equities during January 1-12. However, they pumped in a net sum of Rs 1,872 crore in the debt markets during the period under review.