FIIs snap 5-day buying streak in Indian stock markets, dealers worry over pause

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Dealers say as the trend remains down for the short term liquidity remain key for the markets. Reuters Dealers say as the trend remains down for the short term liquidity remain key for the markets. Reuters
SummaryForeign investors also sold 7.48 billion rupees worth stock futures.

Foreign institutional investors (FIIs) sold 805.7 million rupees worth shares in Indian stock markets on Monday, snapping their five-day buying streak, exchange data shows.

BSE Sensex

FIIs bought around 127 billion rupees ($2.03 billion) worth Indian shares over the previous 12 sessions till Friday, regulatory data shows.

*Stocks: Top Gainers/Top Losers

Foreign investors also sold 7.48 billion rupees worth stock futures and 885 million rupees 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 FIIs buying may therefore weigh on the markets.

NSE Nifty

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