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₹5,936 cr from equities in May amid worries over second COVID wave
₹9,659 crore in April after infusing money in the preceding six months, according to the depositories' data New Delhi: Foreign investors have pulled out ₹5,936 crore from the Indian equities in the first week of May amid worries over the intense second wave of coronavirus infection and its fallout on the economy.Foreign investors had pulled out ₹9,659 crore in April after infusing money in the preceding six months, according to the depositories' data.If fears of COVID-19 persist among overseas investors, then further redemptions cannot be ruled out, Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, stated.According to the data, foreign portfolio investors (FPIs) withdrew a net sum of ₹5,936 crore from Indian