New Delhi, March 2 (HS): Foreign portfolio investors (FPIs) continued to be sellers in the month of February after January. In the month of February, FPIs withdrew Rs 34,574 crore from the Indian stock market. In this way, in the first 2 months of 2025, foreign portfolio investors have so far withdrawn Rs 1.12 lakh crore from the domestic stock market.

According to the data of the depository, foreign portfolio investors had also withdrawn Rs 78,027 crore by continuously selling in the domestic stock market in the month of January, although before January, in December 2024, FPIs had bought Rs 15,446 crore in the Indian stock market. Since the beginning of this year, due to the uncertainty in the US market and the fear of slowdown, foreign portfolio investors are engaged in withdrawing their money from stock markets around the world. Its effect is also visible on the Indian stock market. This is the reason that in the first 2 months of the year, foreign investors have so far withdrawn a total of Rs 1,12,601 crore.

Ravi Chander Khurana, CEO of Khurana Securities and Financial Services, says that due to the high valuation of Indian stocks and concerns about the increase in corporate income, foreign portfolio investors are also maintaining selling pressure in the Indian markets. Along with this, due to the increase in bond yield in the US, the rise in the dollar index and global economic uncertainty, foreign portfolio investors are engaged in withdrawing money from the Indian market and investing in American assets. One of the reasons for the negative environment in the domestic stock market has also been the weakness in the results of companies in the third quarter, due to which the fear of economic recession is increasing.

Hindusthan Samachar / Jun Sarkar