Domestic investors help narrow equity losses

Updated: April 5, 2016 3:02 AM

In FY16, the Sensex posted its worst performance in five financial years as foreign investors pulled out of Indian stocks. However, domestic institutional investors turned net buyers of equities which helped narrow the losses.

In FY16, the Sensex posted its worst performance in five financial years as foreign investors pulled out of Indian stocks. However, domestic institutional investors turned net buyers of equities which helped narrow the losses. Despite volatility, the year saw good participation in new equity issuances as R48,952 crore was raised through various equity market instruments including IPOs and QIPs. Even the response from retail investors for IPOs was encouraging. So, while the markets closed the financial year in the red, the benchmark rose 10.17% in March, the best March for the Sensex since 1992.

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