Daijiworld Media Network - Mumbai

Mumbai, May 24: Foreign Portfolio Investors (FPIs) have offloaded Indian equities worth Rs 30,374 crore so far in May, taking the total outflow from the domestic equity market to over Rs 2.22 lakh crore this year.

According to depository data, foreign investors continued to remain net sellers amid global uncertainty and shifting investment patterns across emerging markets.

The latest figures show that FPIs also pulled out Rs 401 crore from the Indian debt market under the Debt General Limit category during the month.

However, some debt segments witnessed inflows. The Voluntary Retention Route (VRR) category recorded inflows of Rs 703 crore, while the Fully Accessible Route (FAR) category attracted investments worth Rs 4,261 crore so far in May.

Market experts said foreign investors are closely tracking global interest rate trends, geopolitical tensions and the movement of crude oil prices, which continue to influence investment decisions.

Despite sustained outflows from equities, analysts noted that selective inflows into debt markets indicate continued confidence in India’s long-term economic fundamentals.