Quant – The Outlanders – Monthly sector-wise FPI/FII flows – Mar’26
Published on 07 Apr 2026
• During FY26, Capital Goods led with INR267bn inflow, followed by Telecommunication at INR265bn and Metals & Mining at INR243bn. Oil, Gas & Consumable Fuels also saw strong inflows of INR183bn. Whereas, Information Technology saw the steepest annual outflow at INR806bn, followed by FMCG at INR307bn, Financial Services at INR292bn, and Healthcare at INR281bn. Only 5 of the 18 sectors recorded net inflows in Mar’26, down from 12 sectors in Feb’26, indicating a clear weakening in foreign investor risk appetite. Capital Goods, Metals & Mining, Power, Chemicals and Consumer Services provided limited support with modest inflows. However, selling pressure was concentrated in Financial Services, which saw a sharp INR318bn outflow, while Automobiles, IT, FMCG, Oil & Gas, Realty, Telecom and Healthcare also witnessed sizable outflows.
