In May, FPIs sold equities worth Rs 25,586 crore as per NSDL data, indicating a pattern of sustained and excessive selling in the cash market
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The idea of a coalition government led by the BJP at the centre leads to widespread market anxiety and a sharp decline in stock indices
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In April, FPIs turned net sellers in Indian stocks, as the ongoing geopolitical crisis in the Middle East then likely pushed investors to take money off their portfolios
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FPIs had aggressively sold Indian stocks and turned net sellers in the Indian equity market in January 2024, before turning net buyers thereafter. In February and March, they were net buyers
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