FIIs Sell Indian Stocks for Eighth Week; DIIs Offset Outflows
Foreign Institutional Investors (FIIs) sold Indian equities for the eighth consecutive week, offloading Rs 30,294 crore. Domestic Institutional Investors (DIIs) bought Rs 30,313 crore to cushion the outflows. The Nifty 50 index ended slightly higher, breaking its losing streak. Key factors affecting recovery include high crude oil prices, a weak rupee, and global bond yields.
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