FPIs Stay Net Sellers For Third Straight Day
Year-to-date, FPIs have been net sellers of Indian equities, offloading Rs 31,388 crore according to the latest data from the NSDL
Foreign Portfolio Investors (FPIs) remained net sellers of Indian equities on Thursday for the third consecutive session. According to provisional data from the National Stock Exchange (NSE), FPIs offloaded stocks worth Rs 6,867.7 crore, marking the highest amount of selling since May 2024.
In the last three sessions, FPIs have sold over Rs 24,960.2 crore worth of equities, while domestic investors have purchased equities worth Rs 4,954.5 crore during the same period. On Thursday, domestic institutional investors continued their buying spree for the second consecutive session, acquiring stocks worth Rs 3,718.4 crore, as per NSE data.
Year-to-date, FPIs have been net sellers of Indian equities, offloading Rs 31,388 crore according to the latest data from the National Securities Depository (NSDL). Despite the heavy FPI selling, benchmark equity indices extended their recovery for the second straight session following a significant drop earlier.
The ongoing sell-off by FPIs highlights the cautious stance of foreign investors amid global economic uncertainties and domestic market conditions. However, the buying activity by domestic investors suggests confidence in the underlying strength of the Indian market. Market participants will continue to monitor FPI activity closely, especially in the context of evolving economic and geopolitical factors.
