Foreign institutional investors (FIIs) have not shown any signs of buying, as they sold a net amount of Rs 8,000 crore and did not purchase Rs 10,000 crore worth of shares on November 25.
This trend continued in the following days, with FPI net purchases decreasing to Rs 1,157 crore on Tuesday and further declining to just Rs 7.7 crore by Wednesday. This pattern indicates a lack of concrete evidence suggesting a reversal in investment flows from foreign investors, which raises concerns about market sentiment and potential impacts on liquidity.
The ongoing sell-off highlights the cautious stance of FIIs in light of current market conditions.