Foreign Portfolio Investors (FPIs) have withdrawn ₹44,166 crore from Indian equities so far in October 2026, according to the latest depository data reported on October 11.
Of the total net outflows, ₹45,126 crore was withdrawn through selling on stock exchanges. However, investments through the primary market recorded inflows of ₹960 crore, partially offsetting the selling pressure.
Editorial Insight
Key Highlights
Important points readers should notice.
FPIs withdrew ₹44,166 crore from Indian equities in October so far.
Stock-exchange selling amounted to ₹45,126 crore.
Primary-market investments recorded inflows of ₹960 crore.
September recorded net equity outflows of ₹35,861 crore.
Cumulative equity withdrawals in 2026 reached approximately ₹3.04 lakh crore.
Debt-market flows varied across the General Limit, FAR and VRR routes.
Elevated crude oil prices, a firmer US dollar and higher US bond yields have weighed on investor sentiment. These global factors can influence foreign investors' decisions about allocating funds to emerging markets such as India.
The latest outflows follow net withdrawals of ₹35,861 crore from Indian equities in September. With the latest selling, cumulative FPI withdrawals from Indian equities in 2026 have reached approximately ₹3.04 lakh crore, according to reported depository data.
Meanwhile, foreign investment flows in the debt market have shown a mixed trend during the period covered by the reported figures. FPIs invested ₹4,729 crore in debt securities through the General Limit route, while withdrawals through the Fully Accessible Route (FAR) stood at ₹1,921 crore. The Voluntary Retention Route (VRR) recorded outflows of ₹233 crore.
Editorial Analysis
Why This Matters
Foreign portfolio investment flows can affect demand for Indian shares, market liquidity and investor sentiment. Continued foreign selling may add pressure to equities, although market movements also depend on domestic investment, corporate earnings and broader economic conditions.
The figures highlight continued foreign selling in Indian equities alongside differing investment trends across debt-market routes.
