FPIs withdraw ₹13,138 crore from equities in September so far amid global uncertainty
Foreign Portfolio Investors (FPIs) have withdrawn ₹13,138 crore from Indian equities in early September 2026, driven by global economic pressures including rising U.S. bond yields and high crude oil prices. This follows a period of net buying in previous months.
Why it matters
Highlights the sensitivity of emerging markets like India to global macroeconomic shifts and U.S. monetary policy.
Foreign investors pulled out ₹13,138 crore from Indian equities in the first half of September, as heightened global uncertainty pushed crude oil prices higher, while rising U.S. bond yields and a firm dollar weighed on risk appetite.
The latest outflow comes after Foreign Portfolio Investors (FPIs) turned net buyers in July and August, infusing ₹20,200 crore and ₹29,630 crore, respectively, according to data from the Central Depository Services (India) Ltd (CDSL).
Prior to that, FPIs remained net sellers for four consecutive months from March to June.
With the latest withdrawal, the total outflow from Indian equities by FPIs has climbed to ₹2.37 lakh crore so far in 2026, surpassing the ₹1.66 lakh crore withdrawn during the entire 2025, the data showed.
According to NSDL data, FPIs withdrew ₹13,138 crore from Indian equities in the first two weeks of September, till September 11.
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