Economic TimesLean R·
FIIs dump Indian stocks for eight straight weeks: Is a reversal on the cards or more pain ahead?
Foreign institutional investors (FIIs) extended their selling streak in Indian equities to eight consecutive weeks, offloading shares worth Rs 30,294 crore in the last trading week, even as domestic institutional investors (DIIs) stepped up purchases to absorb the outflows.While the Nifty 50 snapped its 8-week losing streak to close marginally higher, elevated crude oil prices, a weakening rupee and volatile global bond yields continued to weigh on sentiment.DIIs bought equities worth Rs 30,313…
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