Foreign portfolio investors stayed net sellers of Indian equities for the second session in a row on Tuesday, as they offloaded stocks worth Rs 1,794.80 crore, according to provisional data shared by the National Stock Exchange of India.
On Monday, they had broken their three-day buying streak and sold Indian equities worth Rs 457 crore.
The year 2025 has marked a major exodus of FPIs from the Indian market, with analysts attributing the exit to the decline in rupee's value.
Year-to-date, the foreign investors have net offloaded Indian equities worth Rs 1.55 lakh crore, as per the data provided by the National Securities Data Ltd. The sell-off sharpened in August, with FPIs selling over Rs 35,000-crore shares.
So far in December, the overseas investors have sold close to Rs 12,000 crore worth of Indian equities. In comparison, the net selling stood at Rs 3,765 crore in November, whereas they were net buyers of equities worth Rs 14,610 crore in October.
In stark contrast to this, domestic institutional investors extended their buying spree further. The DIIs, who have been net buyers for over 40 sessions, mopped up equities worth Rs 3,812.37 crore on Tuesday, the NSE provisional data showed. On Monday, they had bought Rs 4,058 crore worth of equities.
Market Recap
The benchmark Indian stock market indices faced volatility on Tuesday. Both, the Nifty 50 and BSE Sensex ended the day flat or little changed at 26,177.15 and 85,524.84, respectively.
HDFC Bank, ITC, Coal India, Shriram Finance and UltraTech emerged as the top gainers, whereas Bharti Airtel, Reliance Industries, ICICI Bank, Axis Bank and TCS were the worst performers of the Nifty 50 index.
The market breadth was skewed in the favour of buyers, as 1,886 stocks declined, 2,296 advanced and 200 remained unchanged on the BSE.