Foreign portfolio investors (FPIs) continue to be net sellers of Indian equities, pulling out about ₹62,800 crore during the first fortnight of June, according to NSDL data cited across outlets. The June outflows add to a broader sell-off seen across 2026, with FPIs remaining net sellers in every month of the year except February. One report notes that withdrawals from Indian equities have risen to about ₹2.87 lakh crore in 2026 so far, surpassing the roughly ₹1.66 lakh crore withdrawn during the whole of calendar year 2025. Another outlet highlights that FPIs also sold about ₹27,000 crore in May, with total 2026 outflows reaching past the ₹2.2 lakh crore mark by that period.
The reported reasons include persistent uncertainty about global growth, elevated geopolitical tensions, and volatility in crude oil prices that dampen risk appetite for emerging markets such as India. The weakening rupee is also cited as a factor influencing sales. At the same time, one outlet says the pace of selling has eased recently, even as foreign investors continue to seek relative safety in developed markets.
