Indian retail investors are showing increased bullishness on stock derivatives ahead of the country's elections next week, despite foreign investors treading cautiously. In May, foreign portfolio investors (FPIs) withdrew Rs 25,586 crore from Indian equities due to election uncertainties and attractive valuations in the Chinese markets, according to PTI. This marks the highest foreign institutional investor (FII) selloff among emerging markets for the month. In April, India experienced a net outflow of over Rs 8,700 crore due to concerns about a tax treaty. Over April and May, foreign investors sold $5.2 billion worth of Indian shares, reducing foreign ownership to its lowest in 12 years. The Rs 25,586 crore sell-off is being referred to as FPIs' 'BIG election exit.'