Foreign investors have reversed their selling trend and bought Indian equities worth Rs 11,100 crore in the last two sessions. This comes after 38 consecutive sessions of selling. The BJP’s victory in Maharashtra elections and a possible pause in US Fed rate hikes have boosted investor sentiment. However, domestic institutional investors (DIIs) remain net sellers.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The