FPIs pulled ₹2.5 lakh crore out of Indian equities in September, sending the Nifty 50 lower on Friday.
The outflow marked a cumulative total of ₹2.5 lakh crore in 2026, eclipsing the ₹1.7 lakh crore withdrawn during the entire 2025.
DIIs, on the other hand, poured ₹58,268 crore into the market, while net SIP inflows hit ₹32,297 crore in August—a 21% YoY rise that keeps the index buoyant.
Overall SIP inflows from April to August climbed to ₹1.6 lakh crore, up 15% year‑on‑year, underscoring domestic confidence amid global volatility.
Geojit’s chief investment strategist, VK Vijayakumar, warned that the allure of U.S. 10‑year yields at 5% and a volatile rupee are pushing FIIs to reallocate capital elsewhere.
With the Federal Reserve nudging rates to 3.75‑4% and the rupee dipping to a 96‑mark intraday, the market may find a pivot point as domestic fundamentals—GDP growth forecasted at 10‑10.5% and credit growth at 18%—signal a potential rebound.