The absolute outflow of ₹2.5 lakh crore over the past four months is significant, but when viewed in the context of Foreign Institutional Investor (#FII) activity as a percentage of BSE market capitalization, the trend shows a continuous decline since its peak in 2003. Interestingly, there was a sudden spike during the COVID-19 period.

Here, inflows and outflows are measured in absolute terms (ignoring their sign) as a percentage of the total market capitalization of the BSE universe, covering the period from January 2002 to January 25, 2025.
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