FPI Selling Pressure Intensifies Foreign Portfolio Investors (FPIs) have not only maintained their selling spree but significantly intensified outflows during the week ended January 23. According to VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the momentum of selling has accelerated. The impact on market valuation has been severe. In a single week, cumulative selling resulted in a massive **Rs 16 trillion** erosion in market capitalisation. This sustained selling pressure dragged benchmark indices lower, causing the Nifty to register a sharp decline of **2.5%** for the week.