FPI sells ₹52,704 crore in equities during March
after close1 source ↓written by the desknot a recommendation
- approx
- ₹52,704 crore
- in February
- ₹22,615 crore
- in January
- ₹35,962 crore
- in December
- ₹22,611 crore
Foreign portfolio investors (FPIs) withdrew ₹52,704 crore (approx. $5.73 billion) from Indian equities in the first half of March, driven by geopolitical tensions in West Asia and rising crude oil prices. This sell-off follows a strong inflow of ₹22,615 crore in February, marking a stark reversal in sentiment.
• FPIs have been net sellers on all trading days this month.
• Previous months saw net withdrawals of ₹35,962 crore in January and ₹22,611 crore in December.
Market experts warn of potential impacts on corporate earnings and economic growth.
Not investment advice. For informational purposes only.