New Delhi, Jan. 10 -- There is no change in the stance of foreign institutional investors (FIIs) on Indian equities, even in the new year, when valuations of large caps are near their long-term average, and expectations of healthy Q3 earnings are high.

In the cash segment, FIIs have sold off Indian stocks worth over Rs.8,400 crore so far in January. On a monthly scale, they have been selling Indian equities since July 2025. From July to December, they cumulatively sold off Indian stocks worth nearly Rs.1.85 lakh crore.

According to estimates from brokerage firm Motilal Oswal Financial Services, FIIs saw the highest-ever equity outflows of $18.8 billion in the calendar year 2025.

The market sentiment is weak at this juncture amid renewe...