The latest outflows follow a net withdrawal of ₹35,861 crore in September
Foreign investors have withdrawn ₹44,166 crore from Indian equities so far in October, bringing the total outflows this year to more than ₹3 lakh crore as elevated crude oil prices, a firmer US dollar and higher US bond yields weigh on investor sentiment.
Also, the artificial intelligence-led rally in North Asian markets attracts higher foreign capital.
The latest outflows follow a net withdrawal of ₹35,861 crore in September.
Before this, foreign portfolio investors (FPIs) had invested ₹20,200 crore in Indian equities in July and ₹ 29,631 crore in August, data from the NSDL showed.