Indian Stock Market Sees Unprecedented Selling: INR 1,03,400 Crore Shares Sold in March
Loading more articles...
Record FPI Sell-Off: Indian Market Sees Unprecedented $11 Billion Outflow in March
C
CNBC Awaaz•27-03-2026, 13:46
Record FPI Sell-Off: Indian Market Sees Unprecedented $11 Billion Outflow in March
•Foreign Portfolio Investors (FPIs) sold shares worth approximately $11 billion (INR 1,03,400 crore) in March 2026, marking the largest outflow to date.
•Rising US bond yields, a weakening Indian rupee, and escalating West Asia tensions are key factors driving the massive sell-off.
•The Indian rupee fell by about 4% to a record low of 94.78 per dollar, reducing foreign investors' returns.
•Brent crude prices surpassed $100 per barrel due to West Asia tensions, raising concerns for energy-importing nations like India.
•Nifty 50's valuation dropped to 17.4 times forward earnings, and analysts are cutting FY26 earnings estimates by 2-3%.
