Since September 2024, foreign institutional investors (FIIs) have systematically dismantled their stakes in 43 out of 50 Nifty stocks, flattening the benchmark’s two-year return to zero and exposing a stark reality that when global capital flees, even India’s ultimate bluechips bleed.
The shareholding pattern reveals that the damage is concentrated at the very top. High-flying consumer discretionary favorites, tech giants, and heavy-weight private lenders have all been hit by the institutional retreat, with a select group of 13 major companies bearing the brunt of the selling between September 2024 and March 2026.
