FPIs withdraw Rs 27,142 crore in 3 trading sessions of October on geopolitical tensions, Chinese market rebound

Foreign investors sold Rs 27,142 crore worth of shares in early October, driven by the Israel-Iran conflict, rising crude oil prices, and strong Chinese market performance. This sell-off followed a nine-month high in FPI investment in September. Key sectors affected include financials, particularly banking stocks. Future foreign investment will hinge on geopolitical and interest rate developments.