Foreign Portfolio Investors (FPIs) recorded net equity outflows of Rs 32,963 crore in May, marking the third consecutive month of selling, as per NSDL data.

Analysis of granular data on FPIs shows that unregulated entities from tax havens have sold more than long-term investors

Foreign institutional investors continue their sell-off in Indian equities, withdrawing ₹34,469 crore in May 2026 amid poor market performance.

However, the trend reversed in March, when foreign investors pulled out a record Rs 1.17 lakh crore. The selling continued in April with net outflows of Rs 60,847 crore and…