Foreign Portfolio Investors (FPIs) In October, once again took a big U-turn and caused a big selloff in the Indian stock market. Before this, foreign investors were investing in the stock market for three months. Foreign investors remained consistent buyers in June and July after post-election jitters subsided and stability returned to Indian markets. According to National Securities Depository Limited (NSDL) data, FPIs sold Indian equities worth ₹27,142 crore till October 4.
What triggered the selloff?
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