Foreign investors have pulled out close to USD 3 billion from the Indian capital market this month so far on lingering concerns over the government's demonetisation decision and fears of a rate hike by the US Federal Reserve.
According to data, net withdrawal by FPIs from equities stood at Rs 9,841 crore during November 1-18 while the same from the debt market was Rs 9,720 crore during the period under review, translating into a total outflow of Rs 19,561 crore (USD 2.89 billion).
