Foreign investors pull out Rs 5,920 crore from India in August 2019

Foreign investors pulled out a net amount of Rs 5,920 crore from the Indian capital markets in August 2019. This has happened even as the government announced for the revocation of enhanced super-rich tax on foreign and domestic equity investors imposed in this year’s Budget. As per the latest depositories data, foreign portfolio investors (FPIs) withdrew a net amount of Rs 17,592.28 crore from equities and pumped in a netRead More