A Slippery Way Down

Benchmarks remained range-bound with a downward tilt as FIIs persisted with their selling, accumulating a total of  ₹34,000 crore in outflows over the fortnight

Over the past two weeks, Indian benchmark indices have experienced a roller-coaster of fluctuations, marked by frequent ups and downs yet confined to a narrow range, showing minimal shifts on either side compared to the earlier trading sessions. During the period, the BSE Sensex inched up by 0.11 per cent, while the Nifty 50 index slipped by 0.13 per cent. FIIs continued their selling spree, offloading equities worth ₹34,000 crore during the fortnight.