FPIs Sell ₹22,530 Crore Indian Equities in January: What's Driving the Outflow?

• Foreign Portfolio Investors (FPIs) have withdrawn over ₹22,530 crore from Indian equities in January.
• Rising US bond yields and a strengthening dollar are key global factors making US assets more attractive.
• Geopolitical and trade-related uncertainties are also impacting investor risk appetite towards emerging markets.
• Domestic factors include high market valuations in some segments and mixed signals from the earnings season.
• Experts suggest the selling trend may continue until a clear positive market trigger emerges.

Why It Matters: FPIs continue to sell Indian equities due to global and domestic factors, including rising US bond yields.