FPIs sell ₹17,955 Cr from Indian equities in early Dec; Rupee, high valuations blamed

• FPIs sold ₹17,955 crore from Indian equities in the first two weeks of December.
• Reasons for FPI selling include high US interest rates, tight liquidity, and expensive Indian market valuations.
• Weak Indian Rupee, global portfolio rebalancing, and macroeconomic uncertainty also contributed to FPI outflows.
• Domestic Institutional Investors (DIIs) invested ₹39,965 crore in December, offsetting FPI selling pressure.
• Experts suggest FPI selling may not be sustainable due to India's strong growth and earnings outlook.

Why It Matters: FPI selling impacts Indian markets, but domestic buying provides crucial support.