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FPI outflows resume in November: Rs 3,765 crore offloaded; global risk-off and high domestic valuations hit sentiment

Foreign investors pulled a net Rs 3,765 crore from Indian equities in November, reversing October's inflow. Global risk-off sentiment, tech stock instability, and a preference for primary markets drove the outflows. Despite domestic economic stability, high valuations and weak industrial indicators contributed to caution.