Foreign Institutional Investors (FIIs) have significantly reduced their activity in the Indian stock market, selling shares worth nearly $3 billion in November alone. This trend follows a broader withdrawal of approximately ₹1.4 lakh crore from the cash market over the past month and a half. In November, FIIs have withdrawn ₹22,420 crore, with the selling spree showing signs of slowing down as they sold equities worth $287.6 million (₹2,426.6 crore) in the week ending November 15, compared to $2,374.6 million (₹19,993.7 crore) in the previous week. Despite the recent deceleration in selling, the overall outflows have reached record levels, with FIIs pulling out nearly ₹50 lakh crore since the end of the bull run two months ago. This has led to a drop in FII ownership of the BSE 500 to below 18%, the lowest in a decade. The Indian investment landscape is also being influenced by external factors, including potential outflows due to actions by the U.S. Federal Reserve.