Foreign portfolio investors extend selling streak
Equity markets bore the brunt of foreign selling, with FPIs withdrawing ₹11,256.93 crore.Foreign portfolio investors (FPIs) extended selling streak in Indian markets, withdrawing a net ₹10,486.85 crore ($1,202.82 million) over four trading days from September 1-4, as per data from National Securities Depository Ltd..
The sustained outflow reflects mounting global uncertainties and valuation concerns that have kept foreign investors cautious about Indian equities. The heaviest single-day outflow occurred on September 1 when the FPIs pulled out ₹7,715.43 crore ($878.25 million), marking the most significant withdrawal during the period.
This was followed by net outflows of ₹2,621.77 crore ($297.06 million) on September 2 and ₹445.76 crore ($50.59 million) on September 4. September 3 provided the only respite with net inflows of ₹1,277.06 crore ($145.08 million).
Equity markets bore the brunt of foreign selling, with FPIs withdrawing ₹11,256.93 crore across the four trading sessions. The equity segment saw consistent outflows on three of the four days, with September 1 recording highest single-day equity withdrawal of ₹8,982.89 crore.
“Multiple factors contributed to this risk-off sentiment — a stronger dollar, renewed U.S. tariff threats and continuing geopolitical tensions added to global uncertainty,” Himanshu Srivastava, associate director - manager research, Morningstar Investment, said.
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