Foreign institutional investors have sold Indian shares worth over Rs 26,000 crore in the last three trading sessions, deepening pressure on equities after a sharp September correction led by high crude oil prices, elevated US bond yields and a weaker rupee.
Provisional data showed FIIs sold shares worth Rs 10,148 crore on Thursday, following outflows of Rs 10,743 crore and Rs 5,538 crore on the previous two days, respectively.