Foreign investors have offloaded ₹32,963 crore from Indian equities in May amid weak corporate earnings growth, rupee depreciation, and other adverse market factors.
Foreign investors continued to be the net seller in the Indian Equities Market withdrawing Rs 14,231 crore so far this month driven by global macroeconomic uncertainties.
Foreign portfolio investors (FPIs) offloaded Rs 16,422 crore worth of Indian equities last week, according to data from the depositories.
In the month of August, the foreign investors pulled out Rs 34,993 crore (around USD 4 billion) from Indian equity markets.
In the first half of August, the foreign investors have offloaded Indian equities worth nearly Rs 21,000 crore.
Foreign investors have invested over Rs 14,000 crore in the country's equity market in May so far amid a blend of favourable global cues and robust domestic economy fundamentals.
So far in May, the foreign investors continue to show confidence in the equity market, infusing Rs 14,167 crore.
In the equity markets last week, foreign investors infused nearly Rs 8,500 crore, data from the depositories said.
In April so far, the foreign investors have pulled out Rs 31,575 crore from equity markets in the wake of turbulence from tariffs imposed by the US.
Foreign investors withdrew ₹10,355 crore from equity markets in the last four trading sessions in April due to sweeping tariffs imposed by the US on most nations, including India.
