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Financial services saw the maximum selling by FIIs after witnessing buying for four straight months. FIIs sold shares worth Rs 2,821 crore in this sector in the first half of August, according to data released by NSDL.
While this backdrop of the current bull run in Indian markets has been widely debated, what remains unknown is the ongoing shift in both domestic and FII flows. It is this topic that we aim to explore and unravel in this column
Public and privately held Indian firms can now list their shares on the International Financial Services Center at Gujarat International Fin-Tec City, Finance Minister Nirmala Sitharaman announced at a briefing Friday.
“FII flows have come back with the same or even higher speed at which they moved out. DII flow will come back as the market starts having a good experience. Domestic investors are selling either to increase cash levels a little bit or to do a little bit of profit taking when the market is running too fast.”
“FII flows have come back with the same or even higher speed at which they moved out. DII flow will come back as the market starts having a good experience. Domestic investors are selling either to increase cash levels a little bit or to do a little bit of profit taking when the market is running too fast.”