New Delhi, March 18 -- March could end up seeing record selling by foreign portfolio investors (FPIs) in India's cash market if the current daily pace continues over the remaining eight sessions of the month.

Since the start of the West Asia conflict on 28 February, FPIs have net sold shares worth Rs.74,795.57 crore in the month through 17 March, according to National Securities Depository Ltd (NSDL) data.

That works out to an average daily sale of Rs.6,799.59 crore over 11 sessions of the month. If the FPI selling for the remaining eight days continues with the same intensity, March would clock Rs.1.29 trillion, higher than the record Rs.1.14 trillion FPI outflows seen in October 2024.

The average daily FPI outflow in October 2024 was...