Foreign Institutional Investors sold a net $3 billion worth of Indian equities in June, while Domestic Institutional Investors invested $9 billion, offsetting the outflows. Analysts expect market sentiment to remain driven by monsoon progress, corporate earnings, crude oil prices and global developments.
Sensex and Nifty opened lower but rebounded into positive territory after four days of losses, supported by value buying. Market sentiment remains cautious amid FII outflows, a weakening rupee, and upcoming RBI and Fed decisions, while key Asian markets traded mixed