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The Economic Times
The Economic Times

FPIs' outflow nears Rs 33,000 crore in May on weaker rupee

Sachin Jasuja V K Vijayakumar India

Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 32,963 crore in May due to weak earnings growth, rupee depreciation and more attractive opportunities in other markets.

With this, the total outflow by Foreign Portfolio Investors (FPIs) from the equity market has reached Rs 2.25 lakh crore in 2026, which is higher than the Rs 1.66 lakh crore pulled out during the entire 2025, according to data with the NSDL.

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