The recent hawkish narrative from key central banks in the developed economies along with uncertainty with respect to Omicron has resulted in $ 3.7 billion portfolio outflow from the Indian markets
In across the board selling by the investors, the benchmark indices tumbled for a third day while volatility shot up ahead of the US Federal Reserve outcome later today and Thursday's F&O expiry
So far this year, the domestic equity markets have seen foreign inflows of $3.5 billion, even as EMs are seeing the worst sell-off in four months
Investors continue to pull out funds with markets making new highs, say industry players
At 12 per cent, the aggregate allocation to cash is only in the fifth percentile of the past 30 years, they calculated
Sensex falls 330 points or 1.24%, the most since Nov 21; FIIs sellers for 17th straight day