New Delhi, April 30 -- Foreign portfolio investors (FPIs) have pulled out a total of Rs.1,89,991 crore from equities so far in 2026, indicating continued caution in the face of global uncertainties and tight liquidity conditions. A weaker rupee, higher oil prices, and limited AI investment opportunities in the country have all fueled risk-off sentiment.

However, experts chiefly believe that the outflows are being driven by the global AI-led rally, which is attracting significant capital into a handful of technology stocks in markets like the US, South Korea, and Taiwan.

FPIs have remained net sellers in 2026 thus far, with the trend becoming more prominent in recent months. In April, selling was at Rs.58,869 crore, following a higher ou...