Foreign Investors Dump Indian Stocks, Pull Out ₹88,180 Crore in March Amid Global Turmoil

By the third week of March, foreign investors have withdrawn ₹88,180 crore from the Indian stock market. Gradually increasing geopolitical tensions, rising crude oil prices, and hawkish remarks from the Federal Reserve have cast a negative impact on investor sentiment.
According to depository data, the total outflow from the Indian capital market so far in March has exceeded ₹1 lakh crore. However, during the same period, Foreign Portfolio Investors (FPIs) invested ₹187 crore in the Indian debt market.
This process is marked as a shift following the strong inflows seen in February. In February, Foreign Portfolio Investors had invested ₹22,615 crore in the Indian stock market, which was the highest monthly inflow in the last 17 months. Prior to that, FPIs had been consistently selling shares for three consecutive months. In January, shares worth ₹35,162 crore were sold, while ₹22,611 crore were sold in December and ₹3,765 crore in November.