In September foreign institutional investors (FIIs) off‑loaded roughly Rs 13,000 crore of Indian equities, a loss that made financial‑sector stocks the fastest‑selling segment for FIIs this year, according to market data.
On Oct 7 FIIs recorded a net sell of Rs 6,121 crore, while domestic investors (DIIs) posted a net purchase of Rs 4,597 crore. Earlier in the week FIIs sold Rs 4,699 crore as DIIs continued to provide buying support.
The outflow coincides with foreign portfolio investors rotating out of rate‑sensitive sectors amid high interest rates, signalling a broader retreat from India’s growth narrative.
