**Foreign Portfolio Investment Update: Early January 2026** **Market-Wide Outflows** Foreign investors have executed a significant withdrawal from Indian markets, pulling out a total of **₹22,420 crore** in the first half of January 2026. This trend marks a cautious start to the year for foreign institutional inflows. **Sectoral Impact: FMCG Hit Hardest** The Fast-Moving Consumer Goods (FMCG) sector experienced the most severe selling pressure. Foreign entities offloaded shares worth **₹6,128 crore**, driven largely by sensitivity to high valuations within the segment. **Broader Selling Trends** Beyond consumer goods, the **Financial Services** and **IT** sectors also recorded notable outflows, contributing significantly to the overall negative net investment figure for the period. **Contrarian Buying in Metals** Defying the broader sell-off, the **Metals and Mining** sector stood out as the primary recipient of foreign capital, registering significant buying interest despite the negative sentiment elsewhere.