FIIs sell equity worth Rs 15,959 crore in December so far

FIIs sell equity worth Rs 15,959 crore in December so far

Mumbai: The foreign institutional investor (FII) selling is likely to decline in days to come as the economy is doing well, prospects for earnings growth are improving, and mutual fund SIPs are performing well, analysts said on Saturday. In December so far, FIIs have sold equity worth Rs 15,959 crore through the exchanges. This FII sell figure has been completely eclipsed by the domestic institutional investor (DII) buying for Rs 39,965 crore du…