Archive · 12 Oct 2026
FPIs Pull ₹3.04 Lakh Crore From Indian Equities in 2026
Foreign investors have taken ₹3.04 lakh crore out of Indian stocks so far in 2026.
In October alone, they withdrew ₹44,166 crore.
They had also sold shares in September, although they bought shares in July and August.
Reports say higher oil prices, a stronger US dollar and high US bond yields may make other investments more attractive.
One report also says the AI-driven rise in North Asian markets drew foreign money.
The selling has put pressure on Indian markets.
Indian institutions have continued buying shares, which has helped support them.
The Nifty was down 13.87% so far this year, according to one article.
Foreign portfolio investors withdrew ₹44,166 crore from Indian equities so far in October.
Those sales brought equity outflows for 2026 to ₹3.04 lakh crore, compared with ₹1.66 lakh crore for all of 2025.
FPIs withdrew ₹35,861 crore in September, after investing ₹20,200 crore in July and ₹29,631 crore in August.
Articles cite elevated crude prices, a stronger US dollar, high US bond yields and the AI-led rally in North Asian markets as factors influencing foreign investment.
Domestic institutional buying helped cushion market pressure; the Nifty was reported down 13.87% so far in 2026.
- Who
- Foreign portfolio investors; domestic institutional investors are also mentioned as buyers.
- What
- FPIs have withdrawn ₹3.04 lakh crore from Indian equities in 2026, including ₹44,166 crore so far in October.
- When
- So far in 2026, with the October figure reported as current at the time of publication.
- Where
- Indian equity markets.
- Why
- Articles cite elevated crude prices, a stronger US dollar, high US bond yields and foreign capital attracted to North Asian markets.
Factors pressuring Indian equities
Factors cushioning market pressure
Foreign selling and market performance
Factors pressuring Indian equities
The articles report substantial FPI selling and say global factors, including crude prices, the US dollar and US bond yields, have weighed on sentiment and contributed to pressure on Indian equities.
Factors cushioning market pressure
Domestic institutional buying has helped cushion the impact. One analyst cited resilient domestic flows and a positive medium-term outlook.
- October equity outflows
- ₹44,166 crore so far
- 2026 equity outflows
- ₹3.04 lakh crore
- 2025 equity outflows
- ₹1.66 lakh crore for the full year
- September equity outflows
- ₹35,861 crore
- July and August equity investments
- ₹20,200 crore and ₹29,631 crore, respectively
- Nifty performance
- Down 13.87% so far in 2026, according to one article
- September debt-market flows
- Withdrawals of ₹1,921 crore through the Fully Accessible Route and ₹233 crore through the Voluntary Retention Route; investment of ₹4,729 crore through the general route