FII Selling, Rupee Weakness Pressure Indian Equities
Foreign institutional investors (FIIs) continued aggressive selling of Indian equities on Thursday, offloading shares worth Rs 9,484.22 crore on a provisional basis. This selling follows cumulative FII outflows of around Rs 34,966 crore this week.
22 crore on a provisional basis, according to exchange data. Thursday’s decline took cumulative FII outflows for this week to around Rs 34,966 crore.