FPIs withdraw Rs 34,843 crore from Indian stocks; second straight month of selling spree
Foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October, continuing a trend. Despite substantial outflows, foreign investors became net buyers towards the end of the month. Market experts suggest that recent foreign buying may indicate a shift in sentiment. Investors are focused on global crude prices and US interest rates influencing markets. The outcome of upcoming…
Foreign portfolio investors (FPIs) withdrew Rs 34,843 crore from Indian stocks in October, marking the second straight month of selling as concerns over high crude oil prices, global interest rates and corporate earnings loomed. However, FPIs turned net buyers towards month's end, purchasing equities worth Rs 6,300 crore between October 26-30.
This followed net withdrawals of Rs 2,700 crore in the week ending October 23, according to CDSL data. The late-month buying suggests a brief improvement in near-term investor sentiment, though market experts warned this single week of gains does not guarantee a sustained reversal. FPI outflows from Indian equities reached Rs 2.95 lakh crore in 2026, with withdrawals totaling Rs 35,861 crore in September.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
