Explore Business Standard
Don’t miss the latest developments in business and finance.
Seeking to assuage concerns over foreign institutional investors (FII) selling Indian equities lately, Finance Minister Nirmala Sitharaman on Monday attributed the action to profit booking. Speaking to reporters in the financial capital, Sitharaman said the Indian economy is one where the investors are bagging better returns which leads to profit booking. "FIIs also go out when they are able to or in a position to book profits. Indian market today, Indian economy today, has an environment in which investments are also yielding good returns and profit booking is also happening," she said. It can be noted that FIIs have sold over Rs 1.56 lakh crore of stocks since October last year, including nearly Rs 1 lakh crore in 2025 itself, which has led to a sharp correction on the indices and wiping out investor wealth. Finance Secretary Tuhin Kanta Pandey said FIIs are not moving from one emerging market to other, and added that in times of global uncertainties like the one being witnessed
Stock markets are expected to be driven by global trends and FPI trading activity this week after the conclusion of the earnings season, analysts said. Unabated foreign fund outflows, lower-than-expected quarterly earnings and global trade war fears hit market sentiments last week, where the benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday. "With the conclusion of the Q3 earnings season, now focus will be on global developments amid a turbulent market environment on account of Donald Trump's trade policies," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said. Moreover, the rupee-dollar trend and movement of Brent crude, the global oil benchmark, will also be tracked by investors. "With the earnings season behind us, market focus will shift to trends in FII (Foreign Institutional Investors) flows and currency movements for further cues. Additionally, speculation regarding US tariffs a