Foreign Portfolio Investors (FPIs) continued to exit Indian equities in May, pulling out Rs 32,963 crore amid concerns over earnings growth, weakening rupee and better opportunities in overseas markets.

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

FDI was supposed to be the dependable kind of foreign money — the kind that built factories, brought technology and stayed for the long haul. FPI was the flighty cousin, quick to…