New Delhi, April 5 -- Foreign portfolio investors (FPIs) maintained intense selling in Indian stocks this week, totaling net outflows of Rs.23,801 crore, as international instability and climbing crude oil costs dampened investor confidence.

As per data from the National Securities Depository Limited, FPIs previously liquidated equities worth Rs.117,775 crore during March, representing the peak level of selling seen this year.

This persistent divestment trend has been primarily fueled by the lingering West Asia conflict, which shows no definitive signs of cooling down.

The spike in crude oil valuations and the softening of the rupee have placed additional strain on Indian indices, encouraging foreign stakeholders to trim their position...