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2h ago

Foreign Investors Extend September Outflows From India, Hit Consumer Services, IT and Power

Depository data show Rs 7,945 crore withdrawn so far this month despite a brief post‑Fed uptick, with flows rotating toward financials, autos and capital goods.

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Overview

  • FPIs have net sold Rs 7,945 crore in equities in September to date, according to depository figures cited by MillenniumPost.
  • NSDL sector data show Rs 16,737 crore sold across 15 sectors in the first half of September, with consumer services offloaded by Rs 3,246 crore and IT and power each over Rs 2,000 crore.
  • Overseas investors simultaneously bought Rs 6,976 crore in eight sectors, led by automobiles (Rs 1,908 crore), capital goods (Rs 1,518 crore) and metals & mining (Rs 1,394 crore).
  • Financial services drew Rs 1,634 crore of inflows in the first half of the month after heavy FPI selling earlier, with market participants citing value opportunities in banks.
  • A week of net buying of about Rs 900 crore followed the US Federal Reserve’s 25 bps rate cut, yet broader selling persists as tariffs, geopolitical risks and input‑cost pressures weigh on sentiment.