FIIs have withdrawn 3.25 lakh crores in the last 8 months, this is equal to all the money that came in India in last 10 years in the secondary market.
FIIs have put in 1 lakh crores in the primary market in the same time frame. FIIs stake is down from 22.5% to below 20%.
More than 50% of the companies in NASDAQ has corrected by more than 50% in the last 8 months,
More than 30% of the companies in Indian Broader index has corrected more than 50% in the last 1 year.
Source: Madhusudan Kela Interview with CNBC TV-18
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OTHER WAY OUT INDEX DIGESTED ALL SUCH PROFIT BOOKING FROM FII IN JUST 15% TO 20% DIFFERENCE FROM THE TOP.
By: via @AlliesFin Serve Stock Market
