FII selloff: Rs 10,169 crore pulled out in 5 days from Indian...

FII selloff: Rs 10,169 crore pulled out in 5 days from Indian markets; valuation fears rise

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Foreign Institutional Investors (FIIs) have heavily sold Indian equities, withdrawing over Rs 10,000 crore in five sessions, reversing three months of net buying. Domestic Institutional Investors (DIIs) cushioned the market with significant investments. Concerns over high valuations and a moderating earnings outlook, along with downgrades from brokerages like Citi, contribute to the cautious sentiment.

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