INDIA MARKET LENS
Markets▼ NegativeInstitutional Flows

FPIs Offload Over Rs 35,000 Crore Worth Indian Equities In Sept: Five Key Factors Behind Selloff

Indian markets moved lower in an institutional flows development.

· NDTV Profit

"FPIs turned heavy sellers in September. The positive FPI flows in July and August on expectations of decline in crude prices turned out to be a temporary phenomenon," stated V K Vijayakumar, Chief Investment Strategist, Geojit Investments.

This is an Index / institutional flows event. Passive and institutional flows move price independently of fundamentals, and around rebalancing dates they dominate it.

  • The immediate tone of coverage reads negative.