Which sectors saw the biggest FII inflows and outflows in April?

May 10, 2026, 11:04:35 AM IST

Foreign investors (FII) remained net sellers of Indian equities in April, with a total outflow of Rs 60,850 crore. However, the selloff was significantly reduced compared to March, when FIIs pulled out Rs 1,17,774 crore from Indian markets. Here are five sectors that saw the biggest FII inflows and five sectors with the biggest outflows during April.

THE ECONOMIC TIMES

Power stocks saw a sharp rally in April as rising temperatures boosted power demand. Stocks like Adani Power, Tata Power and others rallied sharply during the month as analysts increasingly expected April to be just the beginning of strong El Niño conditions. Amid this backdrop, foreign investors jumped back into the power sector, net buying shares worth Rs 5,557 crore during April, as against a net sale of shares worth Rs 230 crore in March.

AP

FIIs continued to remain net buyers of capital goods shares, net buying Indian equities worth Rs 4,339 crore in the sector. Earlier in March, they had net bought capital goods shares worth Rs 3,148 crore.

Agencies

The metals sector witnessed a significant trend reversal in April as global commodity prices stabilised and domestic demand for steel and aluminium remained robust. Foreign investors turned net buyers in the segment, pumping in Rs 1,218 crore during the month. This marks a sharp recovery from March, when the sector saw a heavy selloff with FIIs offloading shares worth Rs 3,165 crore.

Reuters

Construction stocks saw a shift in sentiment. After a massive net outflow of Rs 9,154 crore in March, FIIs returned to the sector in April, recording a net inflow of Rs 926 crore.

Getty Images

Sentiment in the consumer durables sector turned positive in April as investors anticipated a surge in demand for cooling appliances like air conditioners and refrigerators due to the heat waves. FIIs turned net buyers with an inflow of Rs 80 crore, a significant recovery from the massive net selloff of Rs 2,902 crore seen in March.

Getty Images

The financial services sector remained the biggest drag on the overall FII flows, continuing to bear the brunt of the global ‘risk-off’ sentiment. FIIs offloaded a massive Rs 30,856 crore in the sector during April. While the number remained high, it was a significant improvement from the previous month, when the sector saw a massive Rs 60,655 crore selloff by foreign investors.

ETMarkets.com

The consumer services segment, comprising hospitality and travel, saw a sharp spike in FII outflows. Selling pressure more than tripled to Rs 7,770 crore in April, compared to a net outflow of Rs 2,141 crore in March.

ETMarkets.com

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IANS

In contrast to the broader market trend of reducing selloffs, the oil and gas sector saw heightened selling in April. FIIs offloaded Rs 6,703 crore in the sector, a significant jump from the Rs 4,129 crore net sale seen in March, as global crude volatility kept investors on edge.

IANS

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