After an initial sell-out of equity worth Rs 1,175.6 crore during April, the week-ended May 8 saw a net FII outflow of Rs 98.4 crore or $ 24.9 million. The figures compiled for the week-ended May 15 is even more alarming. Net FII outflow during the period has been around Rs 189.3 crore or $ 47.9 million. During the period, FII purchases in equity was Rs 227.9 crore, while gross sales stood at Rs 417.2 crore.

Signifying the impact of the nuclear explosions on the FII sentiments, the figures compiled on the FII activity in the debt segment has been unnerving. The week-ended May 15, saw only Rs 1.1 crore FII purchases in the debt segment, while gross sales were pitched at Rs 173 crore, with the total FII outflow the debt segment at $ 43.5 million.