The Indian stock markets are continuing to face pressure from persistent selling by foreign portfolio investors (FPIs). According to data from the National Securities Depository Ltd (NSDL), FPIs have sold equities worth a substantial Rs 19,994 crore in just the first five trading sessions of November, heightening concerns about the stability of the market.

The data also reveals that the highest single-day selling occurred last Friday, when foreign investors offloaded shares worth Rs 5,635 crore. This wave of selling has put significant strain on the major Indian indices, with both the Nifty 50 and Sensex dropping by around 8 per cent since the selling spree began in October.