So far in 2026, foreign portfolio investors (FPIs) have net sold stocks worth nearly Rs 35,000 crore in the Indian market. This comes on top of the Rs 1.7 lakh crore worth of stocks net offloaded in 2025. The sell-off, in turn, put pressure on the rupee. Despite strong central govt intervention, the rupee had depreciated over 6% since the start of 2025.