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So far in 2025, FPIs have sold a total of ₹3,161.11 crore in Indian stocks, indicating a cautious approach in the early days of the year. This contrasts sharply with December, when FPIs were net buyers, infusing ₹11,085.77 crore into Indian markets. In November, however, FPIs had sold ₹22,602.12 crore worth of shares, underscoring the shifting sentiment toward Indian equities in recent months.
On Friday, January 3, 2024, FPIs pulled out ₹4,227.25 crore, with most of the sell-off concentrated in the technology and financial sectors. Indian markets were influenced by global trends, notably the weakness in major US stocks such as Tesla and Apple, which weighed on indices.
Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services, commented, “In the near term, we expect markets to witness stock/sector-specific action on the back of pre-quarterly business updates released by companies, ahead of their Q3 results.”
These sharp fluctuations in FPI activity reflect ongoing market volatility, shaped by both global economic uncertainties and domestic conditions. Investors are closely monitoring these movements, as they could signal shifts in the broader investment climate for India.
Most major IT stocks, including Wipro, Tech Mahindra, and Infosys, saw declines amid ongoing uncertainty surrounding the H-1B visa program ahead of the inauguration of President-elect Donald Trump. Analysts also pointed out that the December quarter is typically weak due to fewer billing days and seasonal furloughs.
Wipro and Tech Mahindra were both down more than 2% on Friday, while Infosys saw a more modest decline of 1%.
Also Read: Nifty 50, Sensex fall further as technology, financial sectors decline
