₹3 trillion FPI outflows: Samvat 2082 set for worst selling in 17 years
A institutional flows development with market-wide reach.
· Business Standard Mkts
FPIs have sold a record ₹3.01 trillion worth of equities in the current Samvat and could register their highest-ever selling in a Samvat year.
The analysis
This is an Index / institutional flows event. Passive and institutional flows move price independently of fundamentals, and around rebalancing dates they dominate it.
Related coverage
US Midterm Election Results Impact: Street cheers Trump's loss! Sensex jumps 1,600 points, Nifty at 24,300 - Top factors
Trade Setup For Nov 5: Can Nifty Cross 24,100? Sub-$100 Oil Likely To Fuel Bulls' Charge
Stock Market Rally: Bulls to stay? Nifty, Sensex gain 5.5% in 5 sessions; Can the momentum sustain? Key levels to watch
FIIs cover shorts, net buy ₹4,711 cr index futures on Tue; a 4-month record
BEL's FY27 Revenue Guidance Has Brokerages Bullish; Kotak Raises Price Target