Between late 2024 and the fourth quarter of 2026, foreign institutional investors (FIIs) have divested approximately $53 billion from Indian equities. Key companies experiencing the largest FII selling include Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Kotak Mahindra Bank, and Bharti Airtel. These outflows highlight changing foreign investment trends in India’s equity markets during this period. The data underscores the importance of monitoring FII activity as it can influence market liquidity and valuations for prominent Indian firms across sectors such as banking, technology, and telecommunications. Foreign institutional investors have sold $53 billion worth of Indian equities since late 2024, with HDFC Bank, Kotak Mahindra Bank and Bharti Airtel among stocks witnessing the heaviest FII outflows.