Foreign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April’s outflows to Rs 43,967 crore. This massive selling, driven by geopolitical concerns and a lack of clear sectoral leadership, led to sharp cuts in domestic indices. Global news flows, including US FOMC and Bank of Japan rate decisions, are expected to influence future institutional activity.
Range-bound trend likely as investors shift focus beyond heavyweights: Narendra Solanki
Indian markets are stabilizing as earnings season unfolds. Early IT sector results have lowered expectations. The market is now shifting focus to broader sectors and