Overview
- Provisional NSE data show FPIs sold Rs 1,171.04 crore on Sept. 2, marking a seventh straight session of outflows, while DIIs bought Rs 2,433.82 crore that day.
- DIIs injected Rs 94,829 crore in August—second only to October 2024—and their buying streak reached 25 months with a cumulative Rs 11.4 trillion, about three-fourths from mutual funds.
- Benchmark levels remain lower than last year’s peaks, with the Nifty at 24,715 and the Sensex at 80,568 on Wednesday, both roughly 6% off their September 2024 records.
- Coverage cites sizeable FPI withdrawals in 2025, with NDTV reporting Rs 1.41 lakh crore year-to-date and Financial Express noting Rs 2.40 lakh crore through August, alongside renewed selling in early September.
- Analysts attribute foreign outflows to elevated valuations near ~22x forward P/E, tepid earnings trends, and tariff/geopolitical overhangs, even as retail SIPs drive record mutual-fund inflows and lift DII ownership to 17.82% as of June.