Apr'26 flows remained deeply negative, with Financial Services alone seeing INR192bn outflows. Only 1 sector (Power) saw inflows in Apr'26, reflecting extremely weak market participation, while the remaining 17 sectors witnessed outflows, highlighting broad-based selling pressure. Apr'26 continued to reflect weak FII/FPI sentiment, with flows remaining broadly negative across sectors despite some moderation in outflow intensity versus Mar'26. The month was marked by persistent selling across Financial Services. Only 1 of the 18 sectors recorded net inflows in Apr'26, down from 5 sectors in Mar'26, indicating further weakening in foreign investor risk appetite. Power provided limited support with modest inflows. However, selling pressure was concentrated in Financial Services, which saw a sharp~INR192bn outflow, while Consumer Services, FMCG, Oil & Gas, Telecommunication, Automobiles and Healthcare also witnessed sizable outflows....