23/4/2025, 1:51:03 pm

FPI sell-off hits IT, Financials, Capital Goods in April

FPIs offloaded ₹33,927 crore from Indian equities in early April 2025, with IT, Financials, and Capital Goods hit hardest. Selling eased later, with outflows at ₹17,036 crore by April 22. Telecom and FMCG saw inflows. Experts link the reversal to a weaker dollar and India's expected 6% growth in FY26, outperforming the US and China.