At ₹81,903.7 crore ($9,491.6 million), FPI outflow in January was the highest since last October which recorded the highest monthly outflow of ₹1.1 lakh crore ($13,556 million), according to data from NSDL. In the primary market, net investment by FPIs slowed to ₹3,877 crore ($448.7 million), the lowest in seven months owing to slower activity in the IPO segment during January amid weakness in the broader market.
