FPI outflows hit `1.92 lakh crore YTD 2026

FPJ News Service mumbai

Foreign Portfolio Investors (FPIs) extended their selling streak in Indian equities, withdrawing ₹60,847 crore in April, as global uncertainties and geopolitical tensions dented investor sentiment. 

  The latest outflow pushed total FPI withdrawals to ₹1.92 lakh crore in the first four months of 2026 (YTD/year-to-date), surpassing the ₹1.66 lakh crore recorded for the entire 2025.    FPIs remained net sellers in all months this year except February, which saw an inflow of ₹22,615 crore — the highest in 17 months. January witnessed outflows of ₹35,962 crore, followed by a sharp reversal in March with a record ₹1.17 lakh crore withdrawal, before continued selling in April. 

  Market experts attribute the sustained outflows to global macroeconomic headwinds and heightened geopolitical risks. Escalating tensions in West Asia pushed crude oil prices higher, reviving inflation concerns and lowering expectations of near-term interest rate cuts. 

 Elevated global bond yields have further reduced the appeal of emerging markets like India. 

However, strong domestic institutional investor inflows of about ₹1.7 lakh crore so far this year have provided some cushion.