FIIs dump Indian stocks for eight straight weeks: Is a reversal on the cards or more pain ahead?
FIIs sold Indian equities for an eighth consecutive week, offloading Rs 30,294 crore, while DIIs bought Rs 30,313 crore to cushion the outflows. The Nifty 50 ended marginally higher, snapping its losing streak. Elevated crude oil prices, rupee weakness and global bond yields remain key factors shaping the outlook for a sustained recovery.
Foreign institutional investors (FIIs) have continued their selling streak for eight weeks in Indian equities, offloading shares worth Rs 30,294 crore in the last trading week, despite domestic institutional investors (DIIs) stepping up purchases. The Nifty 50 closed marginally higher at 22,520.45 on Friday, after touching a 52-week low of 22,180 on Thursday.
The market's divergence between foreign and domestic investor flows has raised questions about whether sustained domestic buying can absorb further foreign outflows or if global headwinds will prolong equity pressure.
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