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FIIs offload ₹267 crore as markets extend losses for second straight session; DIIs turn net buyers
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₹2,406 crore during Friday's session. As per the NSE data, FIIs cumulatively bought ₹12,302.17 crore of Indian equities, while they sold ₹12,569.17 crore --- resulting in an outflow of ₹266.98 crore.
Meanwhile, DIIs infused ₹6,501 crore and offloaded ₹6,161.82 crore, registering an inflow of ₹339.18 crore. Global markets largely extended their losses as concerns over higher interest rates and slowing China’s economy weighed on investors.
Higher US bond yields and default risk in China are poised to prompt FIIs to adopt a more prudent stance when considering investments in emerging markets, said analysts. THIS COPY IS BEING UPDATEDGet the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!
. Read more on livemint.comAbout this in other media
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FPIs turn net sellers in August, offload over ₹7,000 crore after 3-month rally; analysts see profit-booking livemint.com /1 year ago
FIIs back to selling on D-Street, offload over ₹3,000 crore; DIIs turn net buyers today livemint.com /1 year ago
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