Foreign Investors Pull Rs 52,100 Crore From Indian Shares in October
Image: Wikimedia Commons
Foreign portfolio investors (FPIs) have withdrawn a net Rs 52,100 crore from Indian equities so far in October, depositories data cited by several outlets showed on Sunday. This follows a net outflow of Rs 35,861 crore in September, and takes total FPI selling in 2026 to about Rs 3.12 lakh crore, well above the Rs 1.66 lakh crore withdrawn in the whole of 2025.
Why Foreign Money Is Leaving
Analysts pointed to high crude oil prices, higher US bond yields and a stronger dollar. Dheeraj Gaur of Choice Wealth said the AI-led rally in North Asian markets was also drawing foreign money away from India, reports said. FPIs continued to sell financial services and oil-related stocks, while buying into consumer services, digital platforms and healthcare companies.
One analyst said the pace of selling had eased and sentiment was steadying, but warned that costly crude remained a risk. For ordinary investors, sustained foreign selling can weigh on the Sensex and Nifty and on the rupee, and so on the value of mutual fund and pension savings. Read IPB’s recent coverage of HDFC Bank’s and ICICI Bank’s September-quarter results, and more in Economy.
Based on reporting by Free Press Journal, ETV Bharat, Business Standard and Daily Excelsior.
Image: Wikimedia Commons.
