FPIs offloaded over Rs 22,000 crore Indian stocks so far in May, pace lately slowed

New Delhi [India], May 26 (ANI): The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, standing now at Rs 22,046 crore with a few more days still to go as the month ends.

The consistent offloading of money from Indian stocks is partly attributable to a strong US dollar, sticky inflation, particularly in the food segment, and poll outcome-related anxieties.

However, in th