FPIs turn cautious in July, remain net sellers in 6 of 9 sessions. What's behind the outflows?

FPIs turn cautious in July, remain net sellers in 6 of 9 sessions. What's behind the outflows?

FPI outflows: Concerns over corporate performance and high valuations have led to net selling by foreign portfolio investors in India, withdrawing ₹555 crore in July. Despite positive inflows earlier in the year, the overall sentiment remains negative, with total outflows above ₹1 lakh crore.