Business
FIIs sell Indian equities worth Rs 1.6 lakh cr since outbreak of Iran-US war. Where are they going and when will they come back?
Foreign investors net sold Indian equities worth Rs 1.6 lakh crore for 25 consecutive sessions between March 2 to April 9. In fact, the selling streak overall continued for 27 consecutive sessions, starting from the end of February. The sustained selloff was one of the major factors behind the massive bear attack on Dalal Street that wiped off massive sums of investor wealth in March, as Sensex and Nifty crashed over 11% during the month while oil prices soared following the effective closure of the Strait of Hormuz.
April began with new hopes as ceasefire talks uplifted sentiment on Dalal Street. Sensex and Nifty have gained over 6% each over the last week. Yet, foreign investors were cautious. In the first two sessions of April, they net sold Indian shares worth more than Rs 18,260 crore. Last week, they sold Indian equities worth over Rs 21,380 crore between Monday and Thursday.
However, foreign investors remained net buyers of Indian equities on Friday, breaking a 27-session-long selling streak and bringing much-needed relief. FII net bought Indian shares worth Rs 672 crore on April 10, according to data on NSE. Only time will now tell whether this reflects a long-term change in FII’s behavior or a brief U-turn.
Meanwhile, analysts have advised caution. “After the record Rs 1,22,182 crore selling in March, FPIs continued selling in April, too. Up to 11th April, total FPI selling through the exchanges stood at Rs 48,905 crores, taking the total FPI selling for 2026, till now, to Rs 1,90,046 crore,” said VK Vijayakumar, Chief Investment Strategist at Geojit Investments.
South Korea and Taiwan looking more attractive than Indian markets
The energy crisis triggered by the conflict in West Asia, the potential impact of the crisis on Indian economy and sustained depreciation of the rupee kept the FPIs on sell mode, the analysts noted. “Other markets like South Korea and Taiwan are considered more attractive from the FPI perspective since these markets are expected to deliver much superior earnings growth when compared to the modest earnings growth expected in India in FY27,” he added.The sharp correction in the market after the war began has made the valuations fair, but not compelling buys, yet, according to Vijayakumar.
“The surge in equity mutual flows to Rs 40450 crores and monthly SIP inflows to Rs 32087 crores in March bode well for the market. With such strong mutual fund flows into the market, FPI selling will not impact the market significantly,” he however noted.
What will turn foreign investors buyers again?
However, FPIs turning buyers in the market will depend on the situation in West Asia and crude prices, according to him. “If there is de-escalation in the conflict and crude declines significantly, India’s macros will not be impacted materially. If the conflict prolongs India’s macros will be impacted. It would be unrealistic to expect FPIs to turn buyers in such a scenario,” he concluded.
JM Financial noted that foreign investors were net sellers of Indian equities worth $13.6 billion in March. Over the last 12 months, Indian primary markets saw FII net inflows of Rs 70,800 crore whereas secondary markets logged FII net outflows of Rs 2,66,400 crore, it further said, adding that BFSI, auto, telecom, FMCG, realty, pharma and oil & gas saw the biggest FII outflows, while capital goods was the only sector that saw inflows in March.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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First son Barron Trump’s new beverage venture has announced its first two flavors ahead of its planned launch, now set for May.
SOLLOS Yerba Mate, headquartered near Mar-a-Lago, revealed the news in a LinkedIn post last week.
“Introducing our 12-pack: Pineapple + Coconut,” the company said. “Launching May 2026.”
The announcement comes after the 19-year-old, the youngest son of President Donald Trump, was listed as a director of the Palm Beach, Florida-based beverage company, according to January SEC filings in Florida and Delaware.
BARRON TRUMP LINKED TO BEVERAGE COMPANY BASED NEAR MAR-A-LAGO
Barron Trump’s new beverage venture has announced its first two flavors ahead of its May launch. (Mike Segar/Reuters / Reuters)
The product will be available for purchase online at sollos.com, the company said.
The company also shared videos showcasing the design of its new beverage packaging ahead of launch.
In one video, light blue cans featuring “SOLLOS” in bold lettering over an orange-and-yellow sun graphic appear to move through a factory during mass production.
Another clip shows packaging for the 12-pack, including a light blue box with yellow graphic accents.
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SOLLOS Yerba Mate launches a 12-pack pineapple and coconut beverage line. (SOLLOS Yerba Mate/LinkedIn / Fox News)
Yerba mate, a caffeinated herbal tea native to South America, has recently gained popularity in the U.S. as an alternative to coffee.
SOLLOS was previously announced as a beverage brand designed to complement life in the “Sunshine State,” with branding centered on the sun.
“SOL,” meaning sun in Spanish, represents sunrise and the beginning of the day, the company said. “LOS,” spelled backwards from “SOL,” represents sunset. The startup emphasized that the name is intended to capture the full cycle of the sun, reflecting the idea that “It Begins Where It Ends.”
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Light blue cans, featuring the logo “SOLLOS,” move through a factory line. (SOLLOS Yerba Mate/LinkedIn / Fox News)
According to SEC filings dated Jan. 23, SOLLOS raised $1 million through a private placement and lists at least five partners.
Barron, a student at New York University’s Stern School of Business, along with four others named in the SEC filing, are listed as executive officers and members of the company’s board of directors.
Others involved in the company include Spencer Bernstein, Rudolfo Castello, Stephen Hall and Valentino Gomez, some of whom attended the same high school as Barron.
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Bernstein, a Villanova University student who previously attended Oxbridge Academy in Palm Beach with Trump, was listed as an executive officer.
“I’ve decided to postpone my final semester at Villanova University to focus on something I’ve been building for the past 8 months,” Bernstein previously posted on LinkedIn.
“Since the end of last school year I have been working alongside my co-founder, Stephen Hall, and a few close friends on SOLLOS Yerba Mate, a lifestyle beverage brand built around clean + functional ingredients.”
Hall, now a student at the University of Notre Dame who also attended Oxbridge Academy, was listed as an executive officer and director.
FOX Business’ Sophia Comptom contributed to this report.
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The Tourism Authority of Thailand emphasizes sustainable growth by promoting premium experiences and prioritizing safety. After welcoming 9.31 million visitors in early 2026, Thailand projects a total of 30 to 34 million arrivals by the end of the year.
Emphasizing Quality in Tourism
Bangkok, 8 April 2026 – The Tourism Authority of Thailand (TAT) is committed to The New Thailand vision, focusing on Value over Volume to ensure sustainable and meaningful growth. Despite global economic uncertainties, Thailand aims to sustain its competitiveness and recalibrate its 2026 international tourism outlook. TAT is implementing targeted measures to enhance high-value experiences, expand quality market segments, and ensure safety and reliability through the Trusted Thailand framework. This approach not only reinforces confidence but also aligns with evolving traveler priorities through the “Healing is the New Luxury” concept, bolstering Thailand’s reputation as a resilient and competitive destination.
Strengthening Resilience Amid Global Challenges
Building on its 2025 performance, Thailand continues to leverage tourism in economic recovery amidst global challenges like economic uncertainty and regional competition. While international arrivals are gradually recovering, changing travel behaviors and cautious spending underline the need to focus on quality growth and greater value per trip. In the first quarter of 2026, Thailand welcomed 9.31 million international visitors, with China leading, followed by Malaysia, Russia, India, and South Korea. Long-haul markets, including the UK and the US, also contributed significantly to a diversified market mix, supporting sustained tourism growth.
Projected Growth and Future Outlook
For 2026, TAT anticipates international arrivals around 30–34 million, taking into account global fluctuations such as travel demand, air connectivity constraints, and energy price volatility. Domestically, 206 million trips are expected, with total tourism revenue projected to be approximately 2.58 trillion Baht. The strategy acknowledges anticipated easing of geopolitical tensions in the Middle East within months. By aligning with global conditions, TAT is poised to maintain Thailand’s position as a preferred travel destination, focusing on quality growth and ensuring economic resilience through enhanced traveler experiences.
Source : TAT refocuses on value over volume as 2026 tourism outlook is recalibrated
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