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The Economic Times
The Economic Times
Veer Sharma

$2 billion gone in two days! FIIs accelerate selling as Nifty, Sensex set to fall for 8th week running. Will they make a comeback?

FIIs Alok Agarwal India United States Siddhartha Khemka Veer Sharma V K Vijayakumar Bernstein Motilal Oswal Financial Services Oil

Foreign institutional investors have pulled out a baffling $2 billion or over Rs 20,000 crore, from Indian equities in the last two trading sessions as the Nifty and Sensex head for an eighth straight weekly fall, their first since 2001.

Provisional data from the exchanges showed that FIIs pulled out over Rs 10,148 crore on Wednesday and about Rs 10,743 crore a day earlier, taking this week’s total FII selloff to over Rs 26,000 crore.

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