Foreign investors have withdrawn nearly Rs 20,000 crore from Indian equities in the last five trading sessions. This exodus is attributed to higher valuations of domestic stocks and shifting investments towards China, where stimulus measures are revitalizing the economy. Despite some correction, Indian markets continue to have high valuations compared to peers.

Source: https://www.wionews.com/business-economy/fpis-pull-out-nearly-rs-20000-cr-from-equities-in-the-last-5-trading-sessions-775140