The moderation in FPI selling comes as the valuation gap between India and China normalised. The Indian market’s premium to China is back in line with the 10-year average at the end of January, Christopher Wood of Jefferies said in his latest weekly newsletter GREED and fear.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII