Foreign Portfolio Investors' outflow spiked sharply in the month of March, crossing the 1 lakh mark, as they remained net sellers of Indian equities on Tuesday.
The overseas investors offloaded Indian equities worth Rs 8,009.56 crore on Tuesday extending their selloff into the 18th consecutive session.
On Monday, they sold shares worth Rs 10,414.23 crore. On the Domestic Institutional Investors mopped up 5,867.15 crore, staying net buyers for the 20th day.
The sharp sell-off follows a strong rebound in February, when foreign portfolio investors (FPIs) pumped in Rs 22,615 crore, the highest monthly inflow in 17 months, according to NSDL data.
With the latest withdrawals, total FPI outflows have crossed the Rs 1 lakh crore-mark so far in 2026.
On Friday FPIs sold shares worth Rs 5,518 crore, according to data on NSE. In total, they offloaded stake worth Rs 29,897 crore, while DIIs bought stake worth Rs 30,641 crore in the last week.
In the week before that, offloaded total stake worth Rs 35,053 crore, while the DIIs bought stake worth Rs 37,740 crore. The spike in FPI selling came as the tensions in Middle East rose amid Iran war.
In 2026 so far, the FPIs have net sold equities worth Rs 1.18 lakh crore.
Market Recap
Indian equity benchmarks ended higher on Tuesday, recouping most of Monday's losses. The BSE Sensex rose 1.9% or over 1,370 points to close above 74,000 and the NSE Nifty 50 advanced 1.8% to settle above 22,900. The gains in the benchmark Indices were led by HDFC Bank, ICICI Bank and L&T.
All the 15 sectoral gauges compiled by the NSE advanced, led by the NSE Nifty Auto Index's 2.4% rally.
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