The foreign institutional investor (FII) selling trend may continue in India until some positive triggers for a market rally happen, analysts have said. The sustained selling by FIIs continued for the week ending January 16.
The Indian benchmark indices traded flat with a mild negative bias on Wednesday amid fears of disruption to Iranian crude exports and sustained FII outflows.
The main reason for the FIIs' bullish outlook on consumer durables is the expected increase in earnings in the second half of fiscal year 2026. The sector had seen a sharp derating in the past six months ....