The Crossbill News Desk
Foreign investors withdrew nearly Rs 34,993 crore (about $4 billion) from Indian equity markets in August, marking the sharpest sell-off in six months, The Press Trust of India reported.
The outflow has been attributed to the 50% US tariff on Indian exports and the steep decline of the rupee.
The sell-off in August was almost double the Rs 17,741 crore outflow recorded in July and was the heaviest since February, when withdrawals touched Rs 34,574 crore. With this, the total outflow by foreign portfolio investors (FPIs) in equities has reached the Rs 1.3 trillion mark so far in 2025, PTI noted, citing depository data.
FPIs were net sellers on 15 out of the 19 trading sessions during the month, figures from the National Securities Depository Ltd (NSDL) showed, as reported by The Economic Times.
The sustained selling has taken a toll on Indian markets, with the Nifty 50 slipping 1.4% and the Sensex losing 1.7% on August 29, extending losses for the second consecutive month.
The outflow has been attributed to the 50% US tariff on Indian exports and the steep decline of the rupee.
The sell-off in August was almost double the Rs 17,741 crore outflow recorded in July and was the heaviest since February, when withdrawals touched Rs 34,574 crore. With this, the total outflow by foreign portfolio investors (FPIs) in equities has reached the Rs 1.3 trillion mark so far in 2025, PTI noted, citing depository data.
FPIs were net sellers on 15 out of the 19 trading sessions during the month, figures from the National Securities Depository Ltd (NSDL) showed, as reported by The Economic Times.
The sustained selling has taken a toll on Indian markets, with the Nifty 50 slipping 1.4% and the Sensex losing 1.7% on August 29, extending losses for the second consecutive month.
Comments (0)
Leave a Comment