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The Economic Times
The Economic Times
Business
Veer Sharma

FIIs dump telecom for 8th straight month, outflows cross Rs 32,000 crore. Are stocks set for rebound?

Telecom FIIs Vodafone Idea Jefferies India Bernstein Veer Sharma Airtel Bharti Bharti Airtel

Foreign investors' brief return to Indian equities appears to be losing steam, with FPIs turning sellers again in September after two consecutive months of inflows.

After buying Rs 11,045 crore in July and Rs 10,231 crore in August, foreign portfolio investors have resumed selling in the secondary market. NSDL data up to September 19 shows FPI outflows of Rs 23,676 crore through the exchanges.

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