Risk of a potential bubble in global tech stocks could limit sustained selling in India. (Photo: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

After a brief pause in October, foreign portfolio investors have resumed selling, pulling out a net Rs 12,569 crore from Indian equities so far in November amid weak global cues and risk-off sentiment.

This follows a net inflow of Rs 14,610 crore in October, which had come after consecutive months of outflows - Rs 23,885 crore in September, Rs 34,990 crore in August, and Rs 17,700 crore in July, according to data from depositories.

The renewed selling trend, which has continued on every trading day of November so far, has contributed to India's underperformance compared with other major markets this year, said VK Vijaya

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