• Foreign Portfolio Investors, FPIs, withdrew over 5,300 rupees crore from the Indian capital markets in January, indicating their `wait and watch` approach ahead of the general elections.

• Prior to this, they had infused a net sum of over 17,000 rupees crore in the capital markets, in equity and debt, during November and December 2018. In October, they had pulled out a massive 38,900 crore rupees.

• According to data available with the depositories, FPIs pulled out a net amount of 5,264 crore rupees from equities and 97 crore rupees from the debt markets last month, taking the total outflow to 5,361 crore rupees.