Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first half of August, pressured by US-India trade tensions, lacklustre first-quarter corporate earnings, and a weakening rupee.
With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached the Rs 1.16 lakh crore mark so far in 2025, according to data with the depositories.
The FPI activity will be influenced by the action on the tariff front ahead.
The recent easing of tensions between the US and Russia, coupled with the absence of fresh sanctions, suggests that the proposed 25 per cent secondary tariff on India is unlikely to take effect after August 27, a clear positive for the market, Vaqarjaved Khan, CFA – Senior Fundamental Analyst, Angel One, said.