Foreign investors had been on a selling spree since October, though they reversed the trend as net buyers in December. Last month they spent Rs. 15,446 crore worth of shares were bought.
In just two months of October and November, they collected Rs. 115,629 crore net sale of domestic equity. For the full year ended December 31, they posted just Rs. 427 crore worth of equity was purchased.
Also Read: Kotak Bank Q3 Results: PAT up 10% YoY to Rs. 3,305 crore, NII grew by 10%
In the last 10 years, FIIs have been net sellers six times in January and the highest in 2022 was Rs. 33,303 crore was sold.
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