Foreign institutional investors sold Rs 34,970 crore of Indian equities last week, extending their selling streak, while domestic institutions bought Rs 33,460 crore. Weak global cues, elevated crude prices, bond yields and rupee depreciation weighed on markets, with Nifty falling 3.1 per cent
Domestic institutional investors remained consistent buyers, investing Rs 38,715 crore over the past month, while foreign investors resumed buying after heavy selling. However, rising crude oil prices, geopolitical uncertainty and mixed global cues pressured Indian equities, with Sensex and Nifty ending lower
Sensex and Nifty tumbled amid weak global cues, persistent FII selling, pressure on IT and Reliance shares, and caution ahead of the US Federal Reserve’s policy outcome. Most Asian markets traded lower as crude prices softened and investor sentiment stayed fragile
