Foreign Portfolio Investors (FPIs) recorded net selling of ₹47,955 crore in the first half of October. According to NSDL data, this net outflow is nearly two and a half times higher than their total net selling of ₹21,745 crore in September.
Despite the overall foreign investment outflows from October 1 to 15, foreign investors continued to invest money in the IT sector. On the other hand, in the first 2 weeks of October, we saw massive net selling of FPIs in the Financial Services sector.
Based on an analysis of FPI investment data across 24 sectors, we observed that during the first 2 weeks of October, FPIs registered a net inflow in only 5 sectors, while the remaining 19 sectors saw net outflow.
Top 5 Sectors with Highest Outflows
| Sector | Net Investment Sept 16–30 (₹ Crore) | Net Investment Oct 1–15 (₹ Crore) |
| Financial Services | -6943 | -8634 |
| FMCG | -972 | -8172 |
| Auto and Parts | -3542 | -6533 |
| Healthcare | 3 | -5597 |
| Telecom | -2423 | -3,928 |
Top 5 Sectors with Highest Inflows
| Sector | Net Investment Sept 16–30 (₹ Crore) | Net Investment Oct 1–15 (₹ Crore) |
| IT | -38 | 2599 |
| Services | 1397 | 262 |
| Media | 31 | 252 |
| Diversified | 115 | 43 |
| Chemicals | -133 | 41 |
| Total Net Investment | -21,745 | -47,955 |
FPIs registered the largest net outflow of ₹8,634 crore in the Financial Sector, followed by FMCG at ₹8,172 crore, Auto & Parts Components at ₹6,533 crore, Healthcare at ₹5,597 crore, and Telecom at ₹3,928 crore.
On the other hand, the IT sector recorded the highest net inflow of ₹2,599 crore, followed by Services at ₹262 crore, Media at ₹252 crore, Diversified at ₹43 crore, and Chemicals at ₹41 crore.
