FII selling crosses ₹45,000 crore in October
pre-market1 source ↓machine-written, see hownot a recommendation
- ITC close
- ₹266.00
- On the day
- +4.31%
- Futures OI, short covering
- -1.1%
- Put-call ratio
- 0.82
- Max pain
- ₹265.00
Foreign institutional investors sold more than ₹45,000 cr in six October sessions, taking their total Indian equity selling this year to ₹3.6 lakh crore, according to Moneycontrol.com. The flow data points to sustained overseas pressure on Indian equities, even as the benchmark index recovered from its recent low on 9 Oct 2026. 📉
Key Points:
• OI Charts data showed the Nifty 50 closed at ₹22,520 on 9 Oct, up 1.3% on the day and 0.4% over five sessions. The index remained below its 52-week high of ₹23,489 recorded on 22 Sep 2026.
• The earlier bulletin focused on GQG Partners’ reported reduction in Indian equity exposure and a proposed ₹9,500 cr block deal in ITC. The new report places that development within a wider foreign-investor selling trend, but does not establish that all reported FII outflows came from GQG Partners.
• ITC closed at ₹266 on 9 Oct, gaining 4.3% on the day and 4.0% over five sessions, according to OI Charts data. Its futures open interest fell 1.1% with the move, a short-covering setup, while the futures premium stood at 0.45%.
The broader selling trend matters because persistent foreign outflows can weigh on large-cap liquidity and market sentiment, while domestic buying or short covering can cushion individual stocks. In ITC, the ₹255 put open-interest concentration and ₹270 call wall identify the main options positioning levels for the 27 Oct expiry. Max pain stood at ₹265, close to the stock’s latest close. 🏦
Traders will watch whether FII selling continues through the next October sessions, whether the Nifty holds its recent low of ₹22,180 from 8 Oct, and whether domestic flows offset overseas pressure. For ITC, the next signals are a move beyond the ₹255–₹270 options range and changes in futures open interest. The stock remains well below its 52-week high of ₹426.40, while its 52-week low was ₹253.15 on 8 Oct. ⚖️
Source: Moneycontrol.com, 11 Oct 2026
Not investment advice. For informational purposes only.