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Foreign Investors Sell Indian Equities for Third Day Despite Weekly Gains

RBI’s surprise 50 basis point cut boosted weekly inflows to Rs3,347 crore only to precede renewed net selling driven by geopolitical tensions

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Overview

  • Foreign portfolio investors offloaded Rs1,263.52 crore of Indian equities on June 13, marking a third straight session of net selling.
  • FPIs injected Rs3,346.94 crore into stock markets during June 9–13 following the Reserve Bank of India’s rate cut.
  • Despite midweek inflows, FPIs have withdrawn a net Rs5,402 crore from Indian equities so far in June.
  • Tensions between Israel and Iran drove an end-of-week sell-off of Rs3,275.76 crore, erasing early-week gains.
  • Domestic institutional investors continued to buy, accumulating Rs3,041.44 crore on Friday and extending their net buying streak to 21 sessions.