In February through 16th, FPIs had sold equity worth Rs 6,112 crore through the exchange but buying through the primary market and others reduced the net selling figure to Rs 3,776 crore.
India Business News: The FPI selling trend which started in September continued in October and is showing no signs of reversing in November even though the intensity of se
"Foreign selling will always have some influence over the trajectory of the markets, albeit that influence is reducing over time as domestic flows remain strong," said Pramod Gubbi, founder, Marcellus Investment Management.
The FPI investment has been rising in the debt market as they invested Rs 6,080 crore during the month. It was up over five-fold month-on-month from Rs 938 crore in September.