FPIs withdraw Rs 17,955 cr from Indian equities in Dec
The current trend comes after a brief pause in October, when FPIs infused Rs14,610 crore, snapping a three-month streak of heavy withdrawals
image for illustrative purpose
New Delhi: Foreign investors pulled out Rs17,955 crore ($2 billion) from Indian equities in the first two weeks of this month, taking the total outflow to Rs1.6 lakh crore ($18.4 billion) in 2025.
This sharp withdrawal follows a net outflow of Rs3,765 crore in November, extending the pressure on domestic equity markets.
The current trend comes after a brief pause in October, when Foreign Portfolio Investors (FPIs) infused Rs14,610 crore, snapping a three-month streak of heavy withdrawals. FPIs sold equities worth Rs 23,885 crore in September, Rs34,990 crore in August, and Rs17,700 crore in July.
According to data from the National Securities Depository Ltd (NSDL), FPIs withdrew a net Rs 17,955 crore from Indian equities between December 1-12.
Market experts attributed this sustained outflow to several factors including sharp depreciation of the rupee and rich Indian valuations.
Explaining the outflow, Himanshu Srivastava, Principal Manager Research at Morningstar Investment Research India, said elevated US interest rates, tighter liquidity conditions, and a preference for safer or higher-yielding developed-market assets have weighed on investor sentiment.
