FIIs withdraw ₹1.22 lakh crore from Indian markets in March

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FIIs withdraw ₹1.22 lakh crore from Indian markets in March

Apr 03, 2020 11:06 IST

The Indian market witnessed a massive foreign capital outflow of ₹1.22 lakh crore in March 2020, triggered by fears of a global recession amid the coronavirus lockdown and slump in economic activity. Foreign Institutional Investors (FII) pulled out last month after remaining net buyers for six consecutive months. The foreign investors are reducing their exposure in risky assets and moving to safe-havens such as the dollar and gold.

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