The FII selling is picking momentum. After a net sell of a whopping Rs 10,716.64 crore on March 13, foreign institutional investors net sold Rs 9,365.52 crore on March 16. With this, they have net sold over Rs 66,000 crore in March so far. For 2026 so far, they have already net sold over Rs 1 lakh crore. What does it signal? Well, market veteran Arun Kejriwal believes that the “signal that you get from them is they are not worried about India but about the world. They believe that the Middle East crisis won’t get over in a hurry. They do not have an alternate investment, so they are liquidating position here in India. They are keeping cash as there is uncertainty in the market with regards to Trump’s next policy action.