Sumary of Why have FIIs turned big sellers in the Indian market? Arvind Sanger answers:
- In the last four sessions, FIIs have sold shares worth Rs 15,000 crore.
- Frankly, the Fed is clearly facing pressure to taper faster and we are not seeing any signs from RBI about being too concerned.
- I am assuming FIIs in general are a little bit risk averse as they see a probably more aggressive taper looming and are looking at places where they see less risk from that.