FII selling may continue till aggressive rate hikes by US Fed comes to a halt: Hemang Jani - Economic Times


6/13/2022 12:00:00 AM2 years 10 months ago
by Kshitij Anand

There was a wide divergence between sectors adversely affected by rising raw material prices like autos, cement, consumer staples and durables, specialty chemicals and those not directly impacted/benefitted by rising prices including BFSI, metals, O&G and tec…

FIIs have been sellers in Indian markets since October 2021 and have sold more than Rs 3.25 lakh core since then. Rising inflation and resultant rate hikes by US Fed are the main reason behind the ch… [+8546 chars]

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