Business
FPIs pull Rs 48,056 crore from equities in October
Business Standard·
Foreign portfolio investors have withdrawn Rs 48,056 crore from Indian equities in October so far. The outflows follow net withdrawals of Rs 35,861 crore in September, CDSL data show. Cumulative 2026 FPI equity outflows reached Rs 3.08 trillion, above Rs 1.66 trillion in all of 2025. Selling eased last week, with FPIs turning net buyers on two trading days.
Prism
What It Means For You
- Domestic SIP and institutional inflows have helped cushion equity markets during the FPI withdrawals, strategists said.
- Foreign selling moderated in the week ended October 23, according to the same market report.
- Debt markets also saw foreign net selling in September through FAR and VRR routes, the report said.
What's Happening
- Choice Wealth's Dheeraj Gaur linked selling to crude near USD 114 a barrel, weak earnings, and inflation concerns.
- The Rs 30,213-crore Jio Platforms IPO temporarily absorbed market liquidity, Business Standard reported.
- Geojit's V K Vijayakumar tied calmer selling to US 10-year yields easing toward 5 percent and the rupee at 94.94.
What is driving the October selling
- FPIs invested Rs 20,200 crore in July and Rs 29,631 crore in August before the recent outflow streak.
- Foreign ownership of Indian equities was already at multi-year lows, Trackk's Vedant Gupte said.
- Markets next watch the US FOMC decision, Bank of Japan rates, and Brent crude moves.
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