FIIs keep selling telecom stocks for eighth straight month
In short
Foreign investors sold Indian telecom stocks for the eighth month in a row.
The report says the outflow has crossed Rs 32,000 crore in CY26, and heavy 5G spending, slow tariff hikes and legal dues are hurting cash flow. It is still unclear when the selling may stop or whether stocks will rebound soon.
What the reporting says
Foreign portfolio investors were reported to have dumped Indian telecom stocks for the eighth consecutive month, with outflows crossing Rs 32,000 crore in CY26. The source cites heavy 5G capex, delayed tariff hikes and legal dues as pressures on cash flows. The immediate question is whether telecom stocks can rebound, but the report does not say when selling will stop or which names were most affected.
Why it matters
The report says foreign portfolio investors have continued selling Indian telecom shares for eight straight months, with outflows above Rs 32,000 crore in CY26. It ties the pressure to 5G capex, delayed tariff increases and legal dues, all of which hurt cash flows. The market implication is negative for telecom stocks, though the timing of any rebound is not stated.