Markets go into a tailspin on highest FPI sell-off, fall 1.5%
Benchmark equity indices, after remaining listless for most of Friday's trading session, tumbled following foreign portfolio investors' net sales of Rs 21,106 crore — the highest ever recorded in a single session. The sharp sell-off was triggered primarily by the India Meteorological Department (IMD) lowering its monsoon rainfall forecast for the upcoming season. There was also significant action in select…
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