FPI Outflows Drag Indian Markets Down, Sensex Plunges
Foreign investors continue to sell Indian stocks, impacting benchmark indices. State elections and economic indicators are key factors to watch.
Yash Saini 
United States: Foreign Portfolio Investors (FPIs) have intensified their selling spree in Indian equities, pulling out over ₹1 lakh crore since October. This outflow, coupled with global uncertainties like the US presidential elections and concerns over corporate earnings, has led to a significant decline in benchmark indices Sensex and Nifty. The real estate, oil & gas, and utilities sectors were particularly affected by this sell-off.
Domestic investors are closely monitoring state elections in Maharashtra and Jharkhand, as well as the government's capital expenditure and urban consumption trends. A slowdown in these areas could further dampen market sentiment. While the IT sector has shown some resilience, the overall market outlook remains cautious due to persistent FPI outflows and global economic headwinds.
