Archive · 8 Oct 2026
Domestic Investors Cushion India’s $60 Billion Foreign Exodus
Foreign investors have been selling many shares in India since late 2024.
They have sold more than $60 billion worth.
Indian institutions have bought even more shares, helping keep the market from falling as sharply.
The Nifty 50 index is down about 14% since September 2024.
In earlier sell-offs, it fell much more.
Foreign investors have sold heavily in financial and technology companies.
Some other industries, including utilities and metals, have still attracted investment.
The rupee has weakened, and higher oil prices and global financial conditions have added pressure.
Foreign portfolio investors have sold more than $60 billion in Indian equities since late 2024, with cumulative outflows reaching $63 billion.
The Nifty 50 has fallen about 14% since September 2024, less than during earlier major sell-offs.
Domestic institutional investors bought more than $180 billion in shares over the same period, roughly three times foreign investors’ sales.
Foreign selling has focused on financial and technology shares, while industrials, metals and mining, and utilities attracted inflows.
The rupee has depreciated as much as 7.1% since the start of the year, amid foreign selling and pressure from crude prices, global yields and a stronger dollar.
- Who
- Foreign portfolio investors and domestic institutional investors.
- What
- Foreign investors have sold more than $60 billion in Indian equities, while domestic institutions have bought more than $180 billion.
- When
- The foreign selling accelerated from late 2024; the latest reported single-day outflow occurred on Thursday.
- Where
- India’s equity market.
- Why
- The articles cite investor risk reduction, elevated crude prices, higher global yields and a stronger dollar as factors weighing on sentiment.
- Foreign equity outflows
- $63 billion since September 2024
- Domestic institutional purchases
- More than $180 billion over the same period
- Latest reported daily foreign sales
- $1.34 billion on Thursday
- Nifty 50 decline
- About 14% since September 2024
- Foreign ownership
- $689.41 billion, or 14.5% of the Indian equity market, at the end of September
- Rupee depreciation
- As much as 7.1% since the start of the year
- Brent crude
- Rose 5.3% on Thursday to above $105 a barrel