New Delhi, May 18 -- Foreign Portfolio Investors (FPIs) have continued their aggressive selling in Indian equities in 2026, intensifying pressure on domestic markets and the rupee amid elevated crude oil prices and rising global risk aversion.

According to NSDL data, FPIs have sold equities worth over Rs.2.19 lakh crore through the secondary market so far this year, already surpassing the total outflows recorded in 2025. As of now in 2026, the overall investment through the primary market amounts to Rs.12,468 crores.

The sustained capital outflows, coupled with a widening current account deficit, have significantly weakened the rupee, which has slipped from around 90 at the start of the year to beyond the 96 mark against the US dollar, ...