In April, foreign institutional investors (FIIs) continued to be net sellers of Indian equities, with total outflows amounting to ₹60,850 crore. This figure marks a notable decrease from March's outflow of ₹1,17,774 crore. The power sector emerged as a standout performer, attracting ₹5,557 crore in inflows, driven by increased demand amid rising temperatures and expectations of strong El Niño conditions. Similarly, the capital goods sector saw net purchases of ₹4,339 crore, reflecting sustained investor confidence.

Conversely, the financial services sector remained under pressure, experiencing the largest outflow of ₹30,856 crore, although this was an improvement from the previous month's outflow of ₹60,655 crore. The consumer services sector, which includes hospitality and travel, faced a sharp increase in outflows, totaling ₹7,770 crore in April, a significant rise from ₹2,141 crore in March. The automobile sector also continued to see selling pressure, with FIIs offloading ₹5,479 crore, albeit less than the ₹12,498 crore seen in March. Overall, while some sectors showed resilience, others struggled under the weight of global market sentiments.