The Last time this happened was in 2008. It’s surprising how retail had the capacity to buy this much in one of the biggest pandemic in history. Selling will continue till the end of the year, and FIIs may not return until March. Your thoughts?
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Retailers are only gonna pump more and more with LIC IPO coming. abhi toh party shuru huyi hai
FIIs will eventually have the FOMO feeling and buy aggressively and take nifty to 20k levels.
nobody’s supposed to Ignore India this decade
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FII have bought aggressively in primary market- 78000 cr. maybe they just churned their existing portfolio to buy IPO’s. They may return once they find price levels in secondary market attractive, by dumping the IPO shares.
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