Overview
- India’s Economic Survey reports FPIs were net sellers of equities with Rs 16,500 crore in outflows as of January 13, underscoring persistent foreign risk aversion.
- Market data show FPIs kept buying in several Asian peers such as South Korea, Taiwan, Indonesia and Thailand even as they reduced Indian exposure.
- Early Q3 FY26 results from 143 companies show combined net profit up just 3.5% year-on-year, reinforcing worries about earnings momentum.
- The rupee fell about 5% in 2025 and touched a fresh record low near 91.99 per dollar this week, adding to caution on equity flows.
- On January 29, FPIs sold equities worth Rs 394 crore while domestic institutions bought Rs 2,638 crore, highlighting local support for prices.