Home / Business and Economy / FPIs Pull Rs 2.2 Lakh Crore from India in 2026
FPIs Pull Rs 2.2 Lakh Crore from India in 2026
17 May
Summary
- Foreign investors withdrew Rs 2.2 lakh crore from Indian equities in 2026.
- Monthly outflows reached a record Rs 1.17 lakh crore in March.
- Rupee weakened to 96.14 against the US dollar due to outflows.
Foreign investors continued to divest from Indian equities, withdrawing Rs 27,048 crore in the current month, bringing the total outflows for 2026 to Rs 2.2 lakh crore. This figure surpasses the Rs 1.66 lakh crore withdrawn throughout the entirety of 2025.
Apart from a brief net inflow in February, FPIs were net sellers every month in 2026. March saw a record outflow of Rs 1.17 lakh crore, followed by Rs 60,847 crore in April and over Rs 27,000 crore so far in May. Analysts attribute this trend to global growth uncertainties, geopolitical tensions, and volatile crude oil prices.
Elevated US bond yields and a stronger US dollar also contributed, making safer assets more attractive. Concerns regarding global inflation and central bank interest rate decisions further impacted capital allocation. The sustained selling pressure has strained the rupee, which depreciated to 96.14 against the US dollar.
