Mumbai: Foreign Institutional Investors (FIIs) have continued to sell Indian equities in December, but strong buying by Domestic Institutional Investors (DIIs) has helped keep the market steady. So far this month, FIIs have sold shares worth Rs 15,959 crore through stock exchanges. At the same time, DIIs have bought equities worth a much higher Rs 39,965 crore, clearly offsetting the foreign selling pressure.

Market experts believe that the pace of FII selling may reduce in the coming days as India’s economic outlook remains positive and corporate earnings prospects are improving. Read Also Sensex Jumps 450 Points, Nifty Surges 148 As Metal Stocks Lead Strong Rally

Economy and Earnings Outlook Remain Strong

According to analysts, sustained selling by FIIs does not make much sense wh

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