Sun Apr 13 18:09:16 UTC 2025: ## Foreign Investors Pull ₹31,575 Crore from Indian Equities in Early April
**NEW DELHI, April 14, 2025** – Foreign portfolio investors (FPIs) have withdrawn a significant ₹31,575 crore from Indian equity markets in the first eleven days of April, adding to the already substantial outflow this year. This follows a period of net investment in late March, but the recent withdrawals reflect ongoing global market turbulence stemming from the US imposition of sweeping tariffs.
The April outflow brings the total FPI withdrawal from Indian equities in 2025 to a staggering ₹1.48 lakh crore. While this represents a decrease compared to the massive outflows seen in January (₹78,027 crore) and February (₹34,574 crore), it underscores the volatility impacting global markets. FPIs also withdrew ₹4,077 crore from the debt general limit and ₹6,633 crore from the debt voluntary retention route.
V.K. Vijayakumar, chief investment strategist at Geojit Investments, attributes the current trend to the uncertainty created by the global tariff disputes. He anticipates a clearer FPI investment strategy only once the current market chaos subsides. However, he remains optimistic about India’s medium-term prospects, citing the potential for 6% growth in FY26 and improved earnings, attracting FPI investment once the situation stabilizes.
Vinit Bolinjkar, head of research at Ventura, echoes the sentiment, stating that the sell-off is driven by macroeconomic and geopolitical risks related to the American tariffs. He emphasizes, however, that India’s strong fundamentals, robust domestic demand, and ongoing trade realignment position the country favorably for long-term growth.
First Piper 