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FPI selling in Indian equities hits over 3-month highs on rich valuations, China reopen

FPI selling in Indian equities hits over 3-month highs on rich valuations, China reopen https://ift.tt/XkEaMhA flagged multiple reasons for the FPI selloff - expensive valuations due to the recent outperformance of Indian equities over their global peers, reallocation of funds to China and Taiwan for their relatively cheaper valuations, the reopening trade in China and global growth concerns.
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