FPI outflows: Foreign portfolio investors withdraw over Rs 22,500 crore

Foreign investors have withdrawn over Rs 22,530 crore from Indian stocks this month, continuing a trend from last year. Factors like rising US bond yields, a strong dollar, and geopolitical uncertainties are making developed markets more attractive. Concerns over a US-India trade deal and rich valuations are also contributing to the outflows, impacting returns for dollar-based investors.