In the first week of March 2025, Foreign Portfolio Investors (FPIs) withdrew ₹24,753 crore (approximately $2.8 billion) from the Indian equity market, continuing a trend of significant outflows amid global trade tensions and disappointing corporate earnings. This follows an outflow of ₹34,574 crore in February 2025. Cumulatively, FPIs have sold off Indian equities worth ₹2.1 trillion since October 2024, with sectors such as financial services, oil and gas, and consumer services contributing to a total of ₹2.04 trillion in outflows. As of March 10, 2025, Foreign Institutional Investors (FIIs) reported a net sell of ₹485.41 crore, while Domestic Institutional Investors (DIIs) recorded a net buy of ₹263.51 crore in equities. Overall, FIIs have offloaded $15.46 billion worth of Indian equities in 2025, marking one of the sharpest sell-offs in recent years and resulting in a total market value loss of $1.3 trillion. The FII stake in NSE-listed firms has dropped to 17.4%, the lowest in 13 years, indicating a substantial decrease in foreign investment confidence in the Indian market.