Record Rs 94,000 crore withdrawn by foreign investors in October

Foreign investors pulled out a record Rs 94,000 crore from Indian stock markets in October, surpassing March 2020’s significant withdrawals. High domestic equity valuations led FPIs to shift to Chinese markets. Key factors influencing future investments include geopolitical events and domestic economic variables like inflation and corporate performance. This withdrawal caused benchmark indices to fall 8% from peak levels.