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Indian

FPIs pull out Rs 13,157 cr in March, breaking their 6-month buying streak

“The spread of coronavirus in the US is a major driving factor and India is witnessing a spillover effect of what is happening in the global markets. There has been a consistent drain of money from Indian equities as well as the debt where FPIs are fleeing the Indian markets amidst fear of an extended slowdown,” said Harsh Jain, co-founder and COO, Groww.

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