FIIs Withdraw ₹22,530 Crore in 15 Days Despite Good IT Results

• Foreign Portfolio Investors (FIIs) withdrew ₹22,530 crore from the Indian stock market in the first 15 days of January.
• A significant withdrawal of ₹14,266 crore occurred in just four trading days last week due to a holiday.
• Reasons for withdrawal include high valuation of the Indian market, weakening rupee, and rising global tensions.
• Even better-than-expected Q3 results from leading IT companies failed to stem the selling.
• Geopolitical uncertainties and fears of new tariff policies are suppressing market positivity, leading to profit booking.

Why It Matters: FIIs are pulling out of the Indian market due to high valuations, a weak rupee, and global uncertainties.