New Delhi, Apr 13 (BNP): Foreign portfolio investors (FPIs) have continued their aggressive selling in Indian equities, pulling out around ₹48,213 crore (about $5.14 billion) during the first 10 days of April, according to market data.
The sustained outflow is being driven by rising geopolitical tensions and broader global economic uncertainty, which have reduced investor appetite for riskier assets like emerging market equities.
This follows a massive withdrawal of ₹1.17 lakh crore in March, marking the steepest monthly outflow on record. In contrast, February had seen strong inflows of ₹22,615 crore, the highest in 17 months, indicating a sharp shift in investor sentiment.
Market experts say the volatility highlights the sensitivity of foreign capital flows to global developments, with investors quickly adjusting positions based on changing risk conditions.
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