FPIs Extend Selling Streak in Indian Markets Amid US Trade Tensions
Foreign Portfolio Investors (FPIs) maintained their retreat from Indian markets for the fourth consecutive week, recording net outflows of ₹1,334 crore. While marginally improved from the prior week's ₹2,000 crore withdrawal, the trend underscores persistent caution. August 8 alone saw a staggering ₹5,165 crore outflow—one of the heaviest single-day selloffs in recent memory.
Equities absorbed the brunt of the divestment with ₹11,370 crore in net outflows, while debt instruments attracted ₹2,036 crore in inflows. 'The escalating US-India trade tensions have become a key pressure point,' noted Morningstar's Himanshu Srivastava. The selling intensified sharply in the latter half of the week after a fleeting ₹2,450 crore reprieve on August 6.