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FPI selloff may worsen as Trump ups India tariffs pressure
Sai Aravindh Puneet Wadhwa Mumbai | New Delhi
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The ongoing foreign portfolio investor (FPI) selloff in Indian markets may deepen further after the US President Donald Trump escalated tariff measures against India, which is already witnessing the highest outflows among emerging markets (EM).
According to Antique Stock Broking, India saw the highest FPI outflows among EM, with $10.3 billion sold as of July-end. In the last 13 trading sessions alone, global funds have offloaded nearly ₹40,000 crore worth of shares, according to NSE data.
Analysts have largely attributed this to the tariff uncertainty triggered by Donald Trump's tariff-related policies. On Thursday, Trump doubled India tariffs to 50 per
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