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Economic dataEconomic Times

DIIs book profits in longest selling streak in 4 years

Negative-30

GreyOak summary

Domestic Institutional Investors (DIIs) became net sellers for nine consecutive sessions, marking their longest streak in four years, having sold over ₹47,662 crore. This profit-booking occurred as Foreign Portfolio Investors (FPIs) returned to Indian equities, investing around $8 billion since mid-October. The selling was driven by portfolio rebalancing amidst a sharp rally in benchmark indices.

What it affects

  • DII flowsNegative -30

    DIIs sold equities for longest streakRolling sentiment Negative -42

Source

Read the original at Economic Times

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