FIIs remain net buyers through primary market in India

New Delhi: As foreign institutional investors’ (FII) selling in India continues to dominate headlines, the clear message is that FII selling is due to high valuations in the secondary market and in the primary market where the valuations are fair, they have been sustained investors, market watchers said on Saturday.

Amid persistent FII outflows, domestic institutional investors (DIIs) have also maintained their optimistic stance. According to experts, the general perception that the market has turned weak due to sustained FII selling during the last three months is largely true. (IANS)

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