Business news · Markets · 01 May 2026
IN Financial Services Information Technology
Foreign portfolio investors were net sellers of Rs 60,847 crore ($6.5 billion) of Indian equities in April, following a record Rs 1.17 trillion outflow in March, taking net selling in the first four months of 2026 to Rs 1.92 trillion. Analysts tied the selling to escalating West Asia tensions that pushed crude above $100 a barrel and revived inflation worries. Domestic institutional investors have bought around Rs 1.7 trillion so far this year.
Sustained foreign selling weighs most on large, foreign-owned stocks such as private banks, IT services companies and other index heavyweights, and adds pressure on the rupee. Domestic mutual fund and insurance buying has absorbed much of the supply, limiting index damage but leaving valuations more dependent on local flows. Outflows on this scale also raise the cost of equity for companies planning IPOs, QIPs or promoter stake sales.
Reported by Business Standard — “FPIs pull out ₹60,847 crore in April; 2026 outflows hit ₹1.92 trillion” ↗ on 01 May 2026.
NSE stocks, from the last close on or before 01 May 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Financial Services | 124 | -2.9% | 56 of 124 | -0.2 pts |
| Information Technology | 40 | +2.6% | 22 of 40 | +5.3 pts |
| All tracked stocks | 798 | -2.7% | 368 of 798 | — |
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