2 hrs ago
Foreign Investors Pull ₹13,138 Crore From Indian Equities Amid Global Uncertainty
Foreign investors took ₹13,138 crore out of Indian stocks during the first two weeks of September.
They became more cautious because oil prices rose, US bond yields increased and the US dollar strengthened.
Experts said these pressures were mostly global rather than caused by problems in India.
Investors had bought Indian shares in July and August.
However, they had sold shares during the four months before that.
The total amount taken out of Indian shares in 2026 is now higher than the amount withdrawn during all of 2025.
Foreign investors also removed money from some parts of India's debt market.
Experts said future investment could depend on the Iran-US conflict, oil prices and whether US interest rates and bond yields rise further.
Foreign Portfolio Investors withdrew ₹13,138 crore from Indian equities during the first two weeks of September, through September 11, 2026.
The selling was linked to higher crude prices, rising US bond yields, a stronger dollar and broader geopolitical uncertainty.
FPIs had invested ₹20,200 crore in July and ₹29,630 crore in August after selling for four consecutive months from March through June.
Total FPI equity outflows in 2026 reached ₹2.37 lakh crore, exceeding the ₹1.66 lakh crore withdrawn during all of 2025.
FPIs also withdrew ₹1,350 crore through the Fully Accessible Route and ₹955 crore through the general debt route, while investing ₹29 crore through the Voluntary Retention Route.
- Who
- Foreign Portfolio Investors, Indian markets and financial-market analysts.
- What
- FPIs withdrew ₹13,138 crore from Indian equities and recorded net withdrawals from several parts of the Indian debt market.
- Where
- Indian equity and debt markets, amid global financial pressures.
- When
- During the first two weeks of September 2026, through September 11; the report was published on September 13, 2026.
- Why
- Higher crude oil prices, rising US bond yields, a stronger dollar, geopolitical uncertainty and expectations of tighter monetary policy reduced investor risk appetite.
Key facts
- September equity outflow
- ₹13,138 crore through September 11, 2026
- 2026 equity outflow
- ₹2.37 lakh crore so far
- 2025 equity outflow
- ₹1.66 lakh crore during the full year
- July FPI investment
- ₹20,200 crore
- August FPI investment
- ₹29,630 crore
- Brent crude price
- Reached $109.97 per barrel and remained above $102 per barrel
- Debt-market flows
- ₹1,350 crore withdrawn through the Fully Accessible Route, ₹955 crore through the general route and ₹29 crore invested through the Voluntary Retention Route
Quotes
V K Vijayakumar
Chief Investment Strategist at Geojit Investments
“If the US 10-year bond inches up to 5 per cent, there can be a sharp correction in equity markets globally. In such a scenario, FPIs may turn sellers and move money to high-yielding bonds.”
thehindubusinessline.com
m.rediff.com
rediff.com
“September selling is a dollar-and-crude story, not an India story. When US yields firm up and oil climbs, money leaves every emerging market.”
thehindubusinessline.com
m.rediff.com
rediff.com
Sources
Related news
FPIs Resume Selling as September Equity Outflows Reach ₹7,443 Crore
Foreign Investors Sell ₹14,474 Crore in Indian Stocks
Foreign Investors Sell ₹8,731 Crore in Indian Equities
FPIs Invest ₹16,621 Crore in Indian Equities in August
Foreign Investors Extend Indian Equity Buying Streak in August
Indian Stocks End Flat as Crude and US Yields Weigh
Rupeeflo Expands Digital Infrastructure to Serve Overseas Investors
Shiv Sena UBT Challenges GDP Growth Amid Market Decline
Dividend Stocks Set for September 11 Qualifying Deadline
NSE freezes shares ahead of proposed IPO listing
