Foreign investors adopt cautious stance ahead of Budget; take out Rs 17,000 crore from equities in January

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Foreign investors have pulled out a net of over Rs 17,000 crore this month so far due to the attractiveness of the Chinese markets and the cautious stance adopted by them ahead of the Union Budget and US Federal Reserve meeting.The outflow in January came after a net inflow of Rs 11,119 crore in December and Rs 36,239 crore in November.

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