In a strong market, it would not have made that big an impact as we saw. And finally, when the secondary market numbers came out, domestics were buying nearly 2x the selling by the FIIs. So, clearly, it was a question of domestic investors also selling out while institutions were buying, so that is showing the skittish nature of the market.
Rate cut expected, RBI’s views in focus with economy near a sizzle
Economists anticipate the Reserve Bank of India will reduce interest rates this week. This decision comes amid decreasing inflation. Experts await the central bank’s insights