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FPI selloff may worsen as Trump ups India tariffs pressure

Analysts have largely attributed the selloff to the trade uncertainty triggered by Donald Trump's tariff-related policies

DIIs, FPIs, NSE-listed firms, March 2025 shareholding, Prime Database, mutual funds ownership, insurance companies investment, foreign investors, domestic equity market, Indian stock market
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On Thursday, Trump doubled India tariffs to 50 per cent on its purchases of Russian oil (Illustration: Binay Sinha)

Sai AravindhPuneet Wadhwa Mumbai | New Delhi

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The ongoing foreign portfolio investor (FPI) selloff in Indian markets may deepen further after the US President Donald Trump escalated tariff measures against India, which is already witnessing the highest outflows among emerging markets (EM).
 
According to Antique Stock Broking, India saw the highest FPI outflows among select EM, with $10.3 billion sold as of July-end. In the last 13 trading sessions alone, global funds have offloaded nearly ₹40,000 crore worth of shares, according to NSE data.
 
Analysts have largely attributed this to the tariff uncertainty triggered by Donald Trump's tariff-related policies. On Wednesday, Trump doubled