Foreign Portfolio Investors (FPIs) have withdrawn ₹23,710 crore from Indian equities in February, adding to the total outflow of ₹1 lakh crore in 2025 so far.
The Nifty has yielded negative returns of 4% year-to-date due to massive selling by FPIs.
The withdrawal is attributed to concerns over potential global trade war and lackluster corporate earnings in India, as well as increasing attractiveness of Chinese stocks.
FPIs have also pulled out money from the debt market, indicating a cautious approach by foreign investors.