Fret not, flight of FPI capital could slow

UPSC Practice recommends Fret not, flight of FPI capital could slow.

The net FPI outflow of $32 billion in the last nine months exceeds by a wide margin the cumulative net outflows over the decade to 2019-20. The Indian equity market has managed this degree of reversal mainly because of the rise of a new segment of retail investors that is channelling a bigger chunk of household savings into stocks.

Courtesy: ET Editorial-Opinion-Economic Times

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