Indian stock markets opened flat with a marginal dip on Thursday after Donald Trump's victory, while FIIs continued to remain net sellers in Indian markets.
The October bloodbath of the Indian stock market continues in November with both the major indices Nifty and Sensex tanked more than 1.5 per cent on Monday in mid-session.
Indian stock markets opened flat amid a buying and selling trend by domestic investors and Foreign Institutional Investors (FIIs). The continuous selling by FIIs and buying support from Domestic Institutional Investors (DIIs) have shifted markets into a balanced mode.
The continuous selling by foreign investors in October has led the market to fall by 6.5 per cent this month. But this fall does not feature in the top 10 falls of Nifty since its inception in the mid-1990s.
Indian stock markets opened flat on Tuesday amid continued selling pressure from foreign investors. Yesterday, both indices gained even after the selling by foreign investors.
Bagga said, "Indian markets are seeing a mild bounce today. The reason could be short covering going into the monthly expiry on Thursday, 31st October. Traders normally have a propensity to carry over longs more frequently than shorts. Also, the FII selling pressure in the derivatives market
After the Indian stock markets extended their loss for the fourth consecutive week, dropping over 2.5 per cent, the two primery concerns, the foreign institutional investors (FIIs) selling and weak earnings are expected to continue influencing sentiment into the coming week, as per the marke
Foreign institutional investors (FIIs) have pulled out a massive Rs 20,024 crore from Indian equities this week alone, resulting in a 2.5 per cent dip in the key stock indices, Nifty and Sensex.
Indian stock markets are witnessing a significant shift in investment patterns. Traditionally, foreign investors, often referred to as market movers, have had a dominant influence in the market.