Nifty posts negative returns in 6 out of 10 years in Sept; adverse seasonality for FIIs too

Nifty posts negative returns in 6 out of 10 years in Sept; adverse seasonality for FIIs too

Even as Indian markets started the September series on a positive note on Friday, a look into Nifty’s performance in this month over the last 10 years reveal trends which are skewed in favour of the bears. The 50-stock index has managed positive closing on just four occasions with highest gains recorded in 2019. The … Read more

foreign institutional investors: FIIs sell shares worth Rs 6,868 crore on Thursday; DIIs net buyers at Rs 3,718 crore

foreign institutional investors: FIIs sell shares worth Rs 6,868 crore on Thursday; DIIs net buyers at Rs 3,718 crore

Foreign institutional investors (FIIs) continued their selling spree on Thursday, offloading Indian equities worth Rs 6,867.72 crore even as domestic buyers remained net buyers at Rs 3,718.38 crore. Notwithstanding the sell-off by foreign investors, Indian headline indices on Thursday ended in the green for the second day in a row aided by strong gains in … Read more