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Below the Quote on FPI flows 11th October 2026 from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited

“The FPI selling spree continues in October with increasing momentum. After selling equity worth Rs 45536 crores in September, FPIs have sold equity for Rs 45125 crores this month  through 9th October. This is massive acceleration in FPI selling. This takes the total FPI equity selling in 2026 through 9th October to Rs 360952 crores. This massive FPI selling is the primary reason why the Indian market is underperforming this year with negative 13.87% Nifty returns YTD in 2026. From the FPI perspective FPI s pulling money out of India is rational since the risk-free return from the 10-year US bonds is above 5.2%. So long as the US bond yields remain elevated, FPIs will continue to sell. The scenario will change when the valuations become attractive and the risk-reward ratio turns favourable for investment. 

During the last two moths the market has been steadily trending down. Elevated crude prices and high US bond yields are the two strong headwinds for the market now. So long as these headwinds remain strong the market will remain under pressure.”

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