INDIA MARKET LENS
Markets◆ MixedInstitutional Flows

FPIs pull out over ₹35,000 cr in Indian stocks in Sept: Why SEBI’s easier access reforms alone may not help

SEBI is in focus in an institutional flows development.

· LiveMint Markets

Foreign portfolio investors sold ₹35,860 crore in Indian equities in September, reversing previous month inflows. Despite SEBI's efforts to ease regulations, concerns over returns and global competition persist, leading to sustained FPI selling amid challenging global conditions.

SEBI reported ₹35,000 cr and ₹35,860 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

This is an Index / institutional flows event. Passive and institutional flows move price independently of fundamentals, and around rebalancing dates they dominate it.

  • Sustained FII or DII direction moves the whole market, not just the names being bought — it sets the tape's tone.
  • With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.