Indian Stock Market, Feb. 3 -- Foreign portfolio investors (FPIs) maintained their bearish view on Indian markets in January, driven by modest Q3 earnings, rising US bond yields, strong US dollar, stretched valuations in small and mid-caps, and concerns over global liquidity tightening.

Additionally, US President Donald Trump's trade policies have also prompted overseas investors to rebalance their portfolios. Further, the recovery in China's stock market in 2025 has lured some FPIs back, given that Chinese equities are trading at significantly lower valuations compared to India.

Amid these developments, they have withdrawn Rs.87,374 crore worth of Indian stocks through exchanges in January, which was the second biggest monthly withdraw...