Reliance Industries, TCS, HDFC Bank among 10 companies with highest FII selling in Q4. Do you own any?

Foreign institutional investors (FIIs) have pulled a massive $53 billion out of Indian equities since late 2024, dragging down several frontline stocks even as domestic institutions step in as the new dominant force in the market. This relentless exodus has weighed on returns, with MSCI India declining about 8% between September 2024 and May 2026. Here are 10 stocks with the highest FII selling.

India’s largest private lender saw the highest FII selling in the March quarter, with foreign investors reducing holdings by 47.95 crore shares between December 2025 and March 2026. The net sell value stood at Rs 41,449 crore, while the stock declined 26.20% during the quarter.

FIIs cut holdings in Kotak Mahindra Bank by 29.41 crore shares during the quarter ended March 2026, data shows. The net sell value came in at Rs 11,729 crore, while the stock price fell 19.72%.

One of India’s leading telecom companies witnessed FII selling of 5.87 crore shares in the previous quarter. The net sell value stood at Rs 11,287 crore, while the stock declined 15.35% during the period.

FIIs reduced holdings in one of India’s leading private lenders by 8.18 crore shares between December 2025 and March 2026. The net sell value was Rs 10,973 crore, while the stock fell 10.20% during the quarter.

Eternal, the food delivery giant, recorded FII selling of 35.09 crore shares in the March 2026 quarter. The net sell value stood at Rs 9,147 crore, while the stock price declined 17.65%, data from primeinfobase.

Infosys, one of India’s biggest information technology companies, aw FIIs trim holdings by 5.76 crore shares during the previous quarter. The net sell value came at Rs 8,112 crore, while the stock declined 22.58%.

FIIs sold 5.54 crore shares of the Mukesh-Ambani led conglomerate in the quarter ended March 2026. The net sell value stood at Rs 7,815 crore, while the stock price fell 14.42%, official data from primeinfobase showed.

Inda’s leading four-wheeler manufacturer witnessed FII selling of 0.52 crore shares during the quarter. The net sell value came in at Rs 7,409 crore, while the stock declined 26.30%, data from primeinfobase.

India’s largest information technology services company saw FIIs reduce holdings by 2.58 crore shares in the previous quarter. The net sell value stood at Rs 7,162 crore, while the stock price fell 26.43%.

One of India’s leading construction companies saw FII selling of 1.74 crore shares during the March 2026 quarter. The net sell value came in at Rs 6,631 crore, while the stock declined 14.19%.

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