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FPIs Sell ₹5,266 Crore After Five-Day Buying Spree

Middle East tensions have driven FPI volatility

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Overview

  • FPIs reversed course and sold ₹5,266 crore of Indian equities on Tuesday following five consecutive days of net buying.
  • FPIs net purchased ₹5,592 crore on Monday, contributing to cumulative inflows of ₹5,280 crore in June.
  • Financial services led sector flows in early June with ₹3,235 crore of FPI investments over the first two weeks.
  • The IT sector experienced ₹26,100 crore of outflows in the past three months and a further ₹1,713 crore exit during early June.
  • Capital goods, oil & gas and chemicals attracted ₹1,188 crore, ₹921 crore and ₹1,405 crore respectively in the first half of June.