Continuing on our series on FII Sales (one, two), today was a huge sell day, with over 2800 cr. in sales by foreign institutions.
This takes December to the biggest exit month (in equities) in 2014.
The Nifty reversed massively intraday today and closed at 8174, and that too on an expiry day. This does not augur well for markets. Tomorrow’s a holiday and we’ll see how Friday pans out.
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Have a Merry Christmas folks! We will continue to give you great data over the next few days, and show you what an interesting year it’s been!
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