FII equity selling in India continued in December, but at a slower pace. While they net sold Rs 656 crore through exchanges, FIIs invested Rs 17,331 crore in the primary market. This highlights their focus on long-term opportunities despite short-term concerns. FIIs have also heavily invested in the Indian debt market.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader