Key facts
- FPIs net sold Rs 8,776 crore in Indian equities.
- Investors are focusing on potential tax relief for G-Secs.
- FPIs have net sold Rs 2.68 lakh crore in equities year-to-date.
Foreign portfolio investors (FPIs) have continued to be net sellers in Indian equity markets, offloading shares worth Rs 8,776 crore. This selling activity is occurring amidst a broader focus among investors on potential tax relief measures for government securities (G-Secs). Year-to-date, FPIs have collectively net sold equities amounting to Rs 2.68 lakh crore, indicating a sustained outflow from the Indian equity landscape.