Foreign investment figures in India reveal a worrying pattern. In October, foreign portfolio investors withdrew Rs 34,843 crores from Indian equities, extending a retreat that began the previous month. September had witnessed withdrawals of Rs 35,861 crore. In 2026, cumulative withdrawals reached Rs 2.95 lakh crore.
However, a small qualification tempered the otherwise bleak picture. Between October 26 and 30, foreign investors injected about Rs 6,300 crore. The temporary recovery, however, does not reverse months of selling. Instead, it is a sign of the structural weaknesses that have accumulated beneath it.
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