FIIs selling bothers market's near term outlook. What's best investment strategy2 min read 17 Jan 2023, 12:24 PM IST
So far between January 1st to 16th, FIIs outflow in Indian stocks is currently around ₹18,169.67 crore. Last month, the outflow was to the tune of ₹14,231.09 crore
Indian markets rallied on Tuesday after the government trimmed the windfall tax on crude oil. A broad-based buying was seen in markets with FMCG, power, utilities, and capital goods stocks among top performers. Major oil refiners too picked up momentum. However, stubborn selling by foreign institutional investors (FIIs) has bothered the market's near-term texture ahead. FIIs emerged as net sellers for 17 days in a row. During this scenario, what should be the best investment strategy?
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