In a striking turn of events, early March witnessed foreign investors withdrawing an unprecedented sum from India’s financial landscape. This wave of selling, spurred by mounting global economic unease, has had ripple effects on the Bank Nifty, while sectors such as automobiles and telecom also faced significant capital outflows. This trend underscores a growing wariness among international investors.
Concurrent losers: 14 smallcap stocks decline for 5 consecutive sessions
Over the five trading sessions ending March 20, the Sensex benchmark remained largely flat with a slight negative bias, slipping just 31 points to close