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Foreign investors pull Rs 34,843 crore from Indian stocks in October

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Foreign portfolio investors took out Rs 34,843 crore from Indian equities in October, extending a selling streak into a second consecutive month. Despite the heavy outflows, these investors turned net buyers toward the close of the month. Market analysts see the late-month buying as a possible sign of changing sentiment. Global crude oil prices and US interest rate policy remain the main factors investors are watching. The results of upcoming events are expected to play a key role in shaping future investment flows.

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