FPI profile: Foreign investors continue selling spree in May, pull out Rs 32,000 crore

Foreign Portfolio Investors (FPIs) continued to exit Indian equities in May, pulling out Rs 32,963 crore amid concerns over earnings growth, weakening rupee and better opportunities in overseas markets. Data from the NSDL showed that cumulative FPI outflows from Indian equities have now reached Rs 2.25 lakh crore in 2026. The figure has already surpassed the Rs 1.66 lakh crore withdrawn during the whole of 2025. Foreign investors remained net sellers through most of the year, with February being the only exception. After withdrawing Rs 35,962 crore in January, FPIs turned net buyers in February, investing Rs 22,615 crore, marking…