New Delhi, Dec. 19 -- Remaining sellers in eight of the 12 months of the calendar year 2025, the foreign institutional investors (FIIs) have inflicted a significant blow not only to the Indian stock market but also to the Indian rupee.

FIIs have sold Indian stocks worth $18,285 million on a year-to-date (YTD) basis, marking the worst year on record for foreign investment in Indian equity markets.

Domestic stock markets have recorded their worst relative performance in nearly three decades in the emerging market space so far in 2025, as per a Jefferies analysis. Meanwhile, the Indian rupee has slumped to its all-time low of above 91 against the US dollar, highlighting the sway of FIIs in the Indian capital markets.

Government of Singapo...