December 6, 2024 3:13 PM

FII selling slows in November 2024 as Indian markets stabilize after October fall: report

Foreign Institutional Investor (FII) outflows from Indian markets saw a significant reduction in November 2024, following a steep market correction in October. The Nifty 50 index had experienced a sharp 6 percent decline in October, closing 8 percent lower than its all-time highs. According to a report by JM Financials, this slowdown in FII selling indicates a stabilization in Indian markets. November proved to be a calmer month for trading, with the benchmark index largely remaining flat. FII ...