FIIs remain net sellers in November with Rs 3,765 crore outflows till November 29, but improving macros and record-high markets may trigger a shift in their strategy. Analysts say strong GDP data, robust earnings, and revived sentiment could halt sustained selling and potentially draw FIIs back as buyers.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO