India, Oct. 26 -- Foreign institutional investors (FIIs) sold a net Rs 48,053 crore worth of Indian equities in the October-December quarter so far, wiping out the Rs 13,972 crore of net inflows recorded in the July-September quarter, according to an analysis by the Financial Express.

Despite the broader selling, FIIs made net purchases of more than Rs 20,000 crore in the consumer services sector during the quarter, with their three biggest stake increases concentrated within retail, the report said.

FIIs raised their stake in eyewear retailer Lenskart Solutions by 5.5 percentage points to 18.26%, as the company added 455 net new stores and entered 140 new towns between November 2025 and August 2026 -- its fastest expansion yet. Consoli...