FPIs Extend Sell-Off, Pull ₹30,000 Crore from Equities in First Half of March

Foreign Institutional Investors (FIIs) are consistently selling in the Indian equity markets, creating downward pressure on benchmark indices. Recent data indicates a significant outflow of capital. As of March 14, FIIs have sold equities worth ₹30,015 crore March, bringing the total equity sold in the calendar year 2025 to ₹1,42,616 crore.

Brokerage Comments

Canara Robeco Mutual Fund: FIIs may stabilize in the next quarter and eventually turn positive buying momentum upon substantial improvement in corporate earnings and economic recovery.

Geojit Financial Services: Chief Investment Strategist V K Vijayakumar highlighted that FII outflows from India are towards Chinese stocks, which have outperformed other markets in 2025 from 2024 mid.

Market Impact:

• By February 2025, the Nifty 50 had fallen by about 14% from its September peak.
• Mid-cap and small-cap indices experienced even more sharper declines, each falling over 20% since September 2024
• Several small caps and midcaps had corrections more than 40% eroding retail wealth.