FPI selling accelerates in October; ₹31,000 crore withdrawn in 4 sessions: What’s next for Indian stock market?

Foreign Portfolio Investors (FPIs) withdrew around Rs 31,282 crore from Indian equities in just five trading sessions of October, after pulling out Rs 35,857 crore in September. Cumulatively, FPIs have sold about Rs 2.91 lakh crore in 2026, surpassing the Rs 1.66 lakh crore outflow recorded in all of 2025. Heavy selling triggered by elevated crude prices above 100 dollars a barrel, a 24-year high in US Treasury yields around 5.35 percent, a weak rupee, and a shift of global allocations toward AI-led North Asian markets has dragged the Nifty down 15 percent year-to-date, with eight consecutive weekly losses marking its longest losing streak in 25 years.