Overview
- FPIs pulled Rs 23,885 crore from Indian equities in September, the third straight month of withdrawals, taking 2025 year-to-date net outflows to roughly Rs 1.58–1.60 lakh crore, depository data show.
- Provisional NSE figures show FPIs sold about Rs 313.77 crore on Monday as DIIs extended a buying streak, adding Rs 5,036.39 crore and cushioning benchmarks.
- NSDL sector tallies for September show the largest foreign selling in healthcare at $690 million, followed by $682 million in IT, while autos and capital goods drew net inflows.
- Analysts cite US tariff actions and a proposed one-time $100,000 H-1B fee, a record-low rupee, and elevated valuations as key drivers of foreign caution.
- Even as equities saw outflows, FPIs placed about Rs 1,085 crore into debt under the general limit and Rs 1,213 crore via the voluntary retention route, with RBI data showing forex reserves at $700.23 billion.