FIIs sell Indian equities worth Rs 52,704 crore in March, so far; Friday records its highest single-day outflow in 2026

The metals sector, while influenced by global commodity cycles, could face headwinds from overall FII outflows if broader market sentiment deteriorates. However, specific company performance and domestic demand cues remain crucial.

• •FPIs sold Indian equities worth Rs 52,704 crore in the first half of March.
• •Friday recorded the biggest single-day outflow of 2026.
• •Continued selling is linked to escalating geopolitical tensions (Iran-Israel-US conflict) and rising global uncertainty.
• •Risk flag: Further escalation of geopolitical tensions leading to increased FII outflows.
• •Risk flag: Weakening global demand impacting commodity prices.