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FPIs Pull Out Rs 34,843 Crore From Indian Equities in October
FPIs withdrew Rs 34,843 crore from Indian equities in October, a second straight month of heavy outflows.
Key points
- FPIs withdrew Rs 34,843 crore from Indian equities in October, after Rs 35,861 crore in September.
- FPIs were net buyers in three of the four cash market sessions ending October 30.
- Cumulative FPI outflows from Indian equities in 2026 have reached Rs 2.95 trillion.
Why it matters. The sustainability of the recent improvement in foreign flows may depend on greater clarity on global macroeconomic conditions, crude prices and the earnings outlook, according to Anand K Rathi of MIRA Money.
Foreign portfolio investors (FPIs) withdrew Rs 34,843 crore from Indian shares in October, their second straight month of heavy outflows. FPIs turned net buyers in the October 26-30 week, infusing around Rs 6,300 crore. Cumulative 2026 outflows have reached Rs 2.95 trillion, following a Rs 35,861 crore withdrawal in September. Market experts said one week of buying does not necessarily signal a sustained reversal.
Latest updates
FPIs Pull Out Rs 34,843 Crore From Indian Equities in October
Foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October. It marked the second consecutive month of heavy outflows. Concerns over elevated crude oil prices, global interest rates and the corporate earnings outlook drove the selling. Foreign investors turned net buyers towards the end of the month. They infused around Rs 6,300 crore during October 26-30, compared with net outflows earlier in the month. The trend will be watched as markets respond to global cues.
FPIs withdraw Rs 48,056 crore from Indian equities in October
The cumulative outflows reflect significant selling pressure throughout the month. However, reports indicate that FPIs moderated their selling last week, turning into net buyers on two trading days. This suggests a potential easing of the downward trend in foreign investment.