Foreign investors pulled out Rs 17,955 crore (USD 2 billion) from Indian equities in the first two weeks of this month, taking the total outflow to Rs 1.6 lakh crore (USD 18.4 billion) in 2025. This sharp withdrawal follows a net outflow of Rs 3,765 crore in November, extending the pressure on domestic equity markets. The current trend comes after a brief pause in October, when Foreign Portfolio Investors (FPIs) infused Rs 14,610 crore, snapping a three-month streak of heavy withdrawals. FPIs sold equities worth Rs 23,885 crore in September, Rs 34,990 crore in August, and Rs 17,700 crore in July. According to data from the National Securities Depository Ltd (NSDL), FPIs withdrew a net Rs 17,955 crore from Indian equities between December 1-12. Market experts attributed this sustained outflow to several factors including sharp depreciation of the rupee and rich Indian valuations. Explaining the outflow, Himanshu Srivastava, Principal Manager Research at Morningstar Investment Resea
Foreign investors have pulled out Rs 11,820 crore (USD 1.3 billion) from Indian equities in the first week of this month, primarily driven by the sharp depreciation of the rupee. This sharp withdrawal follows a net outflow of Rs 3,765 crore in November, further pressuring markets. These outflows come after a brief pause in October, when FPIs invested Rs 14,610 crore, breaking a three-month streak of massive withdrawals -- Rs 23,885 crore in September, Rs 34,990 crore in August, and Rs 17,700 crore in July. According to NSDL data, foreign portfolio investors (FPIs) withdrew a net amount of Rs 11,820 crore from Indian equities in the first week of this month. This takes the total outflow for 2025 to Rs 1.55 lakh crore (USD 17.7 billion). Analysts attribute the renewed selling primarily to currency concerns. The rupee has depreciated nearly 5 per cent this year, prompting FPIs to pull out during such periods, said VK Vijayakumar, Chief Investment Strategist at Geojit Investments. Ad
After a brief pause in October, foreign investors resumed selling, pulling out a net Rs 3,765 crore from Indian equities in November, driven by global risk-off sentiment, volatility in global tech stocks and selective preference for primary markets over secondary markets. This dip in November came right after a net inflow of Rs 14,610 crore in October, an uptick that had broken a three-month streak of withdrawals -- Rs 23,885 crore in September, Rs 34,990 crore in August, and Rs 17,700 crore in July, according to depository data. The flow trend through November was shaped by a combination of global and domestic factors. On the global front, uncertainty around the US Federal Reserve's rate-cut trajectory, a firm US dollar, and weak risk appetite across emerging markets kept foreign investors cautious. Persistent geopolitical tensions and volatile crude prices further reinforced the risk-off tone, said Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research .
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Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore (around USD 2.7 billion) and taking year-to-date outflow to Rs 1.58 lakh crore (USD 17.6 billion). This marks the third consecutive month of withdrawals, following heavy outflows of Rs 34,990 crore in August and Rs 17,700 crore in July, data from depositories showed. The latest selling was driven by multiple factors, like US trade and policy shocks -- steep tariff hikes of up to 50 per cent on Indian goods and a one-time USD 100,000 H-1B visa fee, which hurt sentiment toward export-oriented sectors, especially IT, Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research India, said. The rupee's fall to a record low level also added currency risk, while relatively high valuations of Indian equities prompted rotation to other Asian markets, he added. Despite the ongoing sell-off, some analysts believe conditions may gradually turn in India's .
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Foreign investors have pulled out Rs 7,945 crore from Indian equities so far in September, weighed down by global uncertainties such as tariffs and persistent geopolitical tensions. This follows heavy outflows of Rs 34,990 crore in August and Rs 17,700 crore in July, taking the total equity sell-off by Foreign Portfolio Investors (FPIs) in 2025 to Rs 1.38 lakh crore, according to depository data. Looking ahead, market experts believe that upcoming macroeconomic data from India and the US, along with progress in tariff negotiations, will be key drivers of FPI flows in the coming week. Although FPIs remain net sellers in September, with cumulative equity outflows of Rs 7,945 crore till September 19, their selling has moderated. In fact, during the latest week, they briefly turned net buyers, purchasing Rs 900 crore of equities after the US Federal Reserve cut interest rates by 25 basis points. "For the current week FPIs bought Indian equities worth Rs 900 crore on the back of the Fed
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Foreign investors pulled out Rs 12,257 crore (USD 1.4 billion) from Indian equities in the first week of September, weighed down by a stronger dollar, US tariff concerns, and persistent geopolitical tensions. This came following a net outflow of Rs 34,990 crore in August and Rs 17,700 crore in July. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached Rs 1.43 lakh crore so far in 2025, data with the depositories showed. In the coming week, FPI flows are expected to be driven by US Fed commentary, US labour market data, RBI rate cut expectations and its stance on rupee stability, Vaqarjaved Khan, Senior Fundamental Analyst, Angel One, said. "While near-term volatility may persist, India's structural growth story, policy reforms, such as GST rationalisation, and expectations of an earnings revival could bring FPIs back once global uncertainties ease," Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment, said. Market ..
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Foreign investors pulled out Rs 34,993 crore (around USD 4 billion) from Indian equity markets in August, making it the sharpest sell-off in six months, weighed down by US tariffs on Indian exports and pricey domestic valuations. The withdrawal was nearly double the Rs 17,741 crore outflow recorded in July. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached Rs 1.3 lakh crore mark so far in 2025, data with the depositories showed. Market experts believe that withdrawals were triggered by a combination of global and domestic factors. The latest withdrawal was the sharpest since February, when FPIs dumped Indian equities worth Rs 34,574 crore. "The announcement of steep US tariffs of up to 50 per cent on Indian exports dented sentiment significantly, raising concerns over India's trade competitiveness and growth outlook," Himanshu Srivastava, Associate director - Manager Research, Morningstar Investment, said. "At the same time, corporate earnings
Domestic institutional investors, led by mutual funds, have invested Rs 7.1 trillion in equities over the past year, cushioning markets from persistent FPI selling
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Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first half of August, pressured by US-India trade tensions, lacklustre first-quarter corporate earnings, and a weakening rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached the Rs 1.16 lakh crore mark so far in 2025, according to data with the depositories. The FPI activity will be influenced by the action on the tariff front ahead. The recent easing of tensions between the US and Russia, coupled with the absence of fresh sanctions, suggests that the proposed 25 per cent secondary tariff on India is unlikely to take effect after August 27, a clear positive for the market, Vaqarjaved Khan, CFA - Senior Fundamental Analyst, Angel One, said. Also, S&P has upgraded India's credit rating from BBB- to BBB, a move that could further boost FPIs' sentiment, he added. According to the depositories data, foreign portfolio investors (FPIs) withdrew a net sum of Rs 29,975 .
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The period saw total net FPI outflows amounting to ₹77,898 crore. IT stock saw selling to the tune of ₹30,600 crore, while FMCG saw pullout of ₹18,178 crore