A position indicator that electrostatically interacts with a sensor, the position indicator comprising:
- a casing having a pen shape;
- a conductive core body including a pen tip that protrudes from an opening on one end in an axial direction of the casing;
- a conductor surrounding the conductive core body;
- a signal transmitting circuit which, in operation, generates a signal that electrostatically interacts with the sensor, and supplies the generated signal to the core body;
- and
- a control circuit which, in operation, produces different electrostatic interactions with the sensor by performing a first control operation that sets the conductor surrounding the core body in a state of being grounded while the signal is sent out from the pen tip of the core body to the sensor, and performing a second control operation that sets the conductor surrounding the core body in a state different from the state of being grounded.