FPI outflow: Rs 44,166 crore pulled from equities in October so far
Why in the news
Depository data released on 11 October 2026 showed that foreign portfolio investors (FPIs) had sold Indian equities worth a net ₹44,166 crore in October so far.
Key facts
- Net equity outflow: ₹44,166 crore in October 2026 (month to date).
- Stock exchanges: FPIs were net sellers of ₹45,126 crore in the secondary market.
- Primary market: net investment of ₹960 crore.
- Reasons: high crude oil prices, a firmer US dollar and higher US bond yields weighed on sentiment.
FPI flows by route (October 2026 so far)
| Segment / route | Flow |
|---|---|
| Equity – stock exchanges | Outflow ₹45,126 crore |
| Equity – primary market | Inflow ₹960 crore |
| Equity – net | Outflow ₹44,166 crore |
| Debt – General Limit | Inflow ₹4,729 crore |
| Debt – Fully Accessible Route (FAR) | Outflow ₹1,921 crore |
| Debt – Voluntary Retention Route (VRR) | Outflow ₹233 crore |
About FPI debt routes
FPI investment in Indian debt is tracked under three channels. Under the General route, the RBI kept FY2026-27 caps unchanged at 6% of outstanding central government securities, 2% of state government securities and 15% of corporate bonds. The Fully Accessible Route (FAR) covers specified securities with no investment cap. From 1 April 2026, investments under the Voluntary Retention Route (VRR) also count against General route limits.
Exam angle
- Net equity flow = secondary market flow plus primary market flow (−45,126 + 960 = −44,166).
- Know the three debt routes: General Limit, FAR and VRR, and the 6%/2%/15% General route caps.
- A strong dollar and higher US yields usually draw foreign money away from emerging markets like India.