From The Economic Times · Akash Podishetti · · 1m 50s
FPI Selling Crosses Rs 52,000 Cr in October
Foreign portfolio investors sold over Rs 52,000 crore in Indian stocks this month as Nifty defies foreign exodus.
In brief
Foreign portfolio investors sold over Rs 52,000 crore in Indian stocks this month as Nifty defies foreign exodus. Foreign portfolio investors sold Rs 52,100 crore in Indian equities in October, but the Nifty rose 2.8% amid domestic support. Originally reported by The Economic Times.
FPI selling hits Rs 52,000 cr in October
Foreign portfolio investors sold shares worth a net Rs 7,934 crore during October 12 to 16, taking the month's cumulative outflows to approximately Rs 52,100 crore.
FPI selling surpasses September outflows
This is higher than the Rs 35,861 crore withdrawn in September, with two weeks still remaining in October.
Yearly FPI outflows exceed Rs 3 lakh crore
Foreign investors have now pulled out more than Rs 3 lakh crore from Indian equities in calendar year 2026.
Weekly FPI selling pattern
FPIs sold shares worth Rs 1,708 crore on Monday, Rs 1,305 crore on Tuesday, Rs 1,857 crore on Wednesday and Rs 5,285 crore on Thursday.
Friday's buying ends 15-session selling streak
Friday's provisional purchases of Rs 1,166 crore ended a 15-session selling streak that began on September 24.
Nifty rebounds despite FPI selling
The Nifty gained 2.8% during the week to close at 23,146, while the Sensex advanced 3.1%.
Technology stocks lead recovery
Technology stocks led the recovery, with the Nifty IT index surging 11.7% on improving sentiment around artificial intelligence-related business opportunities.
Domestic liquidity supports markets
Domestic institutional investors absorbed part of the foreign selling and helped benchmark indices recover despite persistent overseas outflows.
Higher US bond yields pressure markets
Higher US bond yields remain one of the biggest pressures on emerging markets, including India.
US 10-year Treasury yield climbs
The US 10-year Treasury yield climbed to around 5.3% after September inflation came in at 3.7%, above expectations of 3.6%.
What to remember
Foreign portfolio investors sold Rs 52,100 crore in Indian equities in October, but the Nifty rose 2.8% amid domestic support.
