Monday Mayhem: FPIs Sell Highest Since Feb. 28 Amid Market Rout

Foreign portfolio investors continued selling stocks for the sixth day in a row on Monday, net offloading around Rs 9,040.01 crore worth of shares, based on provisional data from the National Stock Exchange. This marks the largest sell-off by FPIs since Feb. 28.

Domestic institutional investors turned net buyers after a selling session as they mopped up equities worth Rs 12,122.45 crore. This indicates the largest buying by domestic investors since Feb. 28.

India's benchmark equity indices hit 10-month low and ended with losses on Monday, extending declines for the third straight session. This came on a day when most Asian markets faced mayhem, cumulatively plunging the most in 14 years.

The NSE Nifty 50 ended 742.85 points or 3.24% lower at 22,161.60, while the BSE Sensex closed 2,226.79 points or 2.95% down at 73,137.90.

The net selling by FPIs on Monday was more than double as compared to equities worth Rs 3,973 crore offloaded by them on Friday.

In March, the overseas investors had net offloaded equities worth Rs 3,973 crore, according to the National Securities Depository Ltd.'s data.

In February, they had net offloaded equities worth Rs 34,574 crore. This was preceded by net selling of Rs 78,027 crore in January.

In 2025 so far, the FPIs have net sold equities worth Rs 1.30 lakh crore, the NSDL data showed.