Foreign investors pull Rs 26,000 crore from Indian equities in three days
Foreign institutional investors offloaded over Rs 26,000 crore of Indian shares in three trading sessions, deepening the market correction underway in September. The selling was driven by elevated crude oil prices, rising US bond yields, and a weakening rupee that deterred overseas capital.
Analysts said the selloff has created selective buying opportunities in large-cap stocks, suggesting some stabilization may emerge once the headwinds ease. The FII outflows reflect global uncertainty affecting emerging markets, though domestic fundamentals remain a point of focus for investors.
