The Indian market closed in the red for the third consecutive day in a row on Friday. The BSE Sensex fell nearly 700 points, while the Nifty50 closed below 25,200 levels.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is