FPIs Pull ₹7608 Cr from Indian Equities in 2 Days; Will Selling Continue?

• Foreign Portfolio Investors (FPIs) withdrew ₹7,608 crore from Indian equities in the first two trading sessions of January 2026.
• This follows a record ₹1.66 lakh crore FPI outflow from Indian stocks in 2025 due to global tensions and high valuations.
• Experts like VK Vijayakumar and Waqar Javed Khan predict a shift in FPI strategy for 2026, citing improved domestic fundamentals.
• Strong GDP growth, corporate earnings recovery, stable dollar-rupee, and favorable global interest rates could attract FPI inflows.
• January selling is not unusual, as FPIs have historically shown caution at the start of the year.

Why It Matters: FPIs start 2026 with withdrawals, but experts foresee a positive shift in investment strategy.