After three straight months of net buying in 2025, foreign portfolio investors (FPIs) have turned into net sellers in July. As on July 18, FPIs have offloaded Rs 10,775 crore from Indian equities, with much of the selling, about Rs 10,219 crore, coming in the last five sessions, between July 14 and July 18. This brings the total equity outflows by FPIs in 2025 to Rs 1.09 lakh crore, according to data from National Securities Depository (NSDL).