Foreign Portfolio Investors' outflow in Indian equities extended into yet another session on Tuesday as they remaine net sellers for the eighth consecutive sesssion.
The overseas investors offloaded stocks worth Rs 2,103.74 crore, according to NSE's provisional capital market data. On the other hand, Domestic Institutional Investors net bought Rs 1,712.01 crore, staying buyers for the fourth session.
So far in April, the overseas investors have pulled out nearly Rs 58,000 crore, according to National Securities Depository Ltd.'s data.
In 2026 so far, the FPIs have sold Indian shares worth Rs 1.88 lakh crore. The month of March recorded the sharpest selloff, with FPIs off-loading more than Rs 1.17 lakh crore worth of stocks.
Foreign portfolio investor ownership in Indian equities fell to a 16-year low in the March quarter, while domestic investors raised their shareholding to a record 29%, according to Morgan Stanley research released on April 24.
Domestic ownership in the listed universe rose 40 basis points from the previous quarter. The increase was led by domestic institutions, which raised ownership by 58 basis points to 19.3%. Direct household ownership also increased, rising 20 basis points.
By contrast, FPI holdings fell 90 basis points during the quarter, taking foreign ownership to its lowest level in 16 years, the report said.
Market Recap
India's benchmark equity indices ended lower on Tuesday, after seesawing between gains and losses, as investor sentiment turned cautious on higher oil prices and Middle East tensions. Banks fared the worst during the session.
The Nifty 50 settled 97 points or 0.4% lower at 23,995.70. The BSE Sensex shed 416.72 points or 0.5% to close at 76,886.91.
Axis Bank and Maruti Suzuki were the top percentage losers on the blue-chip index. ONGC and Adani Enterprises gained the most.
On the NSE, the Nifty PSU Bank index was the top loser, followed by Nifty Bank and Nifty Auto. On the other hand, Nifty Oil and Gas gained the most.
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