FIIs snap 5-day share buying streak

Dealers worry pause may hurt markets

Foreign institutional investors (FIIs) sold Rs 80.57 crore worth Indian shares on Monday, snapping their five-day buying streak, exchange data shows.

FIIs bought around Rs 12,700 crore worth Indian shares over the previous 12 sessions till Friday, regulatory data shows.

Foreign investors also sold Rs 748 crore worth stock futures and Rs 88.5 crore worth index futures on Monday.

Dealers say as the trend remains down for the short term liquidity remain key for the markets, so even a break in FII buying may therefore weigh on the markets.