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FPIs Pull Out Rs 44166 Crore From Indian Equities In October
M
Moneycontrol•11-10-2026, 13:21
FPIs Pull Out Rs 44166 Crore From Indian Equities In October
- •Foreign investors withdrew ₹44,166 crore from Indian equities in October, bringing total outflows for the year to over ₹3 lakh crore.
- •Key factors driving the outflows include elevated crude oil prices, a firmer US dollar, and higher US bond yields.
- •The AI-led rally in North Asian markets is also attracting foreign capital away from Indian equities.
- •Analysts note that the selling reflects global capital repositioning rather than India-specific economic weakness.
- •Massive FPI selling has contributed to the Nifty delivering negative returns of 13.87 per cent year-to-date in 2026.
Key Questions Answered
Foreign portfolio investors withdrew ₹44,166 crore from Indian equities so far in October, pushing total outflows for 2026 past ₹3 lakh crore.
The outflows are driven by elevated crude oil prices due to Gulf supply risks, a firmer US dollar, higher US bond yields above 5.2 percent, and an artificial intelligence-led rally in North Asian markets.
Domestic institutional investors have strongly absorbed the foreign selling through consistent purchases, which has helped keep the market's correction relatively contained compared to previous major sell-offs.
