Negative impactStocks
FPIs sell Rs 21,745 crore in second half of September, oil & gas, auto & financials lead outflows
Economic Times 1 hr ago·8 Oct 2026, 12:35 am
In the second half of September foreign portfolio investors sold Indian equities worth about Rs 21,745 crore. The biggest chunk came from financial stocks, which saw outflows of roughly Rs 6,943 crore, while oil‑and‑gas and auto shares also faced notable selling pressure.
The scale of the sell‑off suggests a shift from earlier buying momentum, as investors lock in gains and rebalance portfolios. Heavy withdrawals from core sectors can weigh on benchmark indices, potentially widening spreads and putting downward pressure on related stocks.
Investors will be watching upcoming macro data, any policy cues, and the Jio Platforms IPO, which could trigger further repositioning in telecom and related holdings.
Excerpt from Economic Times
Foreign portfolio investors experienced a significant increase in selling Indian equities during the latter half of September. Financial stocks led the sell-off, with the highest outflows totaling around ₹6,943 crore. Oil and gas and auto sectors experienced notable selling, reflecting profit-taking and portfolio…Read the original at Economic Times
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- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
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