Foreign institutional investors (FIIs) have sold nearly Rs 2 lakh crore worth of Indian equities in the first four months of 2026, already crossing last year’s total outflow. The heavy selling was largely driven by a surge in oil prices after the US-Iran war, which hurt sentiment toward India.
Data from National Securities Depository (NSDL) showed that FPIs have sold domestic equities worth Rs 1.92 lakh crore. A large part of this selling, Rs 1.78 lakh crore, has come after the US-Iran war started on February 28. In entire 2025, the outflows were Rs 1.66 lakh crore.
The benchmarks Sensex and Nifty 50 have corrected 9.75 per cent and 8.16 per cent, respectively, this year so far, underperforming Asian and emerging-market peers.
This is a developing story...
