According to provisional exchange data, foreign investors have withdrawn close to $5 billion from Indian equities over the past five trading sessions.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,885 level, a discount of nearly 100 points from the Nifty futures’ previous close.

Investors fear Rs 27,142 crore FPI outflows in just a few sessions of October could be a harbinger of a bigger selloff, as investors globally chase battered Chinese stocks, giving domestic equities, especially mid,

After a six-session losing streak, Indian shares rebounded on Tuesday as investors seized the opportunity to buy the dip. BJP’s better-than-expected performance in a state assembly election also boosted market sentiment.