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FPIs Withdraw ₹21,272 Cr From Equities in First 2 Weeks of Feb
Financial Express Kochi
|February 17, 2025
THE EXODUS OF FPIs from the Indian equity markets continues as they pulled out ₹21,272 crore in the first two weeks of this month, driven by global tensions after the US imposed tariffs on imports.
This came following a net outflow of ₹78,027 crore in January. With these, the total outflow by FPIs has reached ₹99,299 crore—near ₹1 lakh crore—in 2023 so far, data with the depositories showed.
Going forward, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, believes that reversal of FPI strategy will happen when the dollar index moves down.
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