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At a glance/External/Share-market flows
External · annual

Portfolio equity, net inflows

Net purchases of Indian shares by foreign investors (below the 10% threshold that makes an investment direct), in billions of US dollars by financial year.

2025-26● Fresh
$−18.5 bn
Next release expected around 2027-10-17.
Previous−0.82024-25
Average, last 5 years−1.92021-22 to 2025-26
Highest32.92007-08
Lowest−18.52025-26

Over time

−20−10010203040−18.5−16.6 · Russia invades Ukraine19.9 · Taper tantrum1975-761985-861995-962005-062015-162025-26
World Bank, World Development IndicatorsCSV

Circled points are the largest swings, labelled with the nearest event in our timeline. That is when it happened, not proof of cause.

View as a table
PeriodValueStatusBase
2025-26−18.5
2024-25−0.8
2023-2421.4
2022-23−16.6
2021-225.2
2020-2124.9
2019-2013.8
2018-19−4.4
2017-185.9
2016-172.3
2015-161.9
2014-1512.4
2013-1419.9
2012-1322.8
2011-12−4.0
2010-1130.4
2009-1024.7
2008-09−15.0
2007-0832.9
2006-079.5
2005-0612.2
2004-059.1
2003-048.2
2002-031.1
2001-022.9
2000-012.5
1999-002.3
1998-99−0.6
1997-982.6
1996-974.0
1995-961.6
1994-955.5
1993-941.4
1992-930.3
1991-920.0
1990-910.0
1989-900.0
1988-890.0
1987-880.0
1986-870.0
1985-860.0
1984-850.0
1983-840.0
1982-830.0
1981-820.0
1980-810.0
1979-800.0
1978-790.0
1977-780.0
1976-770.0
1975-760.0
Why it matters

This is the volatile part of foreign money, the 'hot money' that left in 2008-09 and again in 2022-23. It is why a rise in US rates can shake the rupee.

What it leaves out

Annual net figures hide big swings inside the year. The World Bank's balance-of-payments definition, not the depositories' daily FPI data.

RelatedFDI →Rupee →
Past-paper questionsIndia's external sector and trade policy →Balance of payments and exchange rates →
Source · World Bank, World Development Indicators · CC BY 4.0
Unit · US$ bn · as published
Release · World Bank updates a few times a year.
Last checked · 2026-11-08 · freshness of every number →
Series id · external.portfolio