FPIs resume selling in November; withdraw ₹3,765 crore from equities
After a brief pause in October, Foreign Portfolio Investors (FPI) resumed selling, pulling out a net ₹3,765 crore from Indian equities in November, driven by global risk-off sentiment, volatility in global tech stocks, and selective preference for primary markets over secondary markets.
This dip in November came right after a net inflow of ₹14,610 crore in October, an uptick that had broken a three-month streak of withdrawals — ₹23,885 crore in September, ₹34,990 crore in August, and ₹17,700 crore in July, according to data from the National Securities and Depositories Ltd. (NSDL).
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