New Delhi: In August, foreign investors pulled out Rs 34,993 crore – close to $ 4 billion – from Indian equity markets, PTI has reported. This makes it the sharpest sell-off in six months.The move, says the news agency, is weighed down by the 50% US tariff on Indian exports, and a steep decline in the rupee.The amount withdrawn is nearly double the Rs 17,741 crore withdrawal of July. This is also the sharpest fall since February which saw withdrawals of Rs 34,574 crore.PTI has quoted data from the depositories to note that the total outflow by foreign portfolio investors in equities has reached Rs 1.3 trillion mark so far in 2025.Foreign portfolio investors were net sellers on 15 out of the 19 trading sessions in August, data from NSDL showed, according to Economic Times.The tariff fear has led the Indian stock market to extend its losses for the second consecutive month in August, with the Nifty 50 falling 1.4% and the Sensex losing 1.7% on August 29.