This sharp withdrawal in November was Rs. 3,765 crore followed by a net outflow, which continued to pressure the markets.
These outflows come after a short hiatus in October, when FPIs broke a three-month streak of massive withdrawals to Rs. 14,610 crore had been invested — in September Rs. 23,885 crore in August, Rs. 34,990 crore and in July Rs. 17,700 crore.
According to the data, Foreign Portfolio Investors (FPIs) pulled Rs. 13,121 crore net amount was withdrawn.
The renewed selling this month is largely due to year-end portfolio transfers by global investors, a common trend in December ahead of the festive season, said Waqarjaved Khan, senior fundamental analyst at Angel One.
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Adding to the pressure, the weak performance of the Indian rupee, one of the world’s weakest performing currencies in 2025, has further discouraged foreign investors, he added.
According to him, the ongoing delay in the Indo-US trade deal has also dampened global sentiment.
Despite the outflows, domestic markets showed some relief. Benchmark indices Sensex and Nifty ended their four-day losing streak on Thursday, supported by buying in technology and IT stocks.
At the same time, the Indian rupee broke its six-day low by 22 paise to Rs. 89.97 per US dollar, attributed to suspected intervention by the central bank and unwinding of speculative dollar positions.
Looking ahead, markets are awaiting RBI’s Monetary Policy Committee (MPC) decision on the interest rate decision, HDFC Securities Deputy Vice President Nandish Shah said.
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