In January, FPIs sold shares worth Rs 78,027 crore and followed it up with a sell-off amounting to Rs 34,574 crore in February.
Friday was a trading holiday on account of Holi festival.
On Thursday, the Foreign Institutional Investors (FIIs) sold Indian equities worth Rs 793 crore while the Domestic Institutional Investors (DIIs) were net buyers at Rs 1,724 crore.
Commenting on the existing FII/FPI trends, expert V K Vijayakumar, who is Chief Investment Strategist at Geojit Financial Services that the intensity of selling is slowly declining as valuations are becoming reasonable though the trend of FII selling in India continued in early March, too.
“The FPI outflows from India have been mainly going into Chinese stocks which have been outperforming other markets in 2025. The recent decline in the dollar index will limit the fund flows to the US. However, the heightened uncertainty triggered by the trade war between the US and other nations is likely to push more money into safe asset classes like gold and dollar,” Vijayakumar said.
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Nifty finished at 22,397.2 on Thursday, falling by 73.30 points or 0.33%. On a weekly basis, the heartbeat index registered a decline of 0.7%.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
