The Indian markets were battered heavily in the month of August. And while the bloodbath on the bourses led to the markets taking a beating by almost 8.5%, the Sensex dipped to alarming levels, hinting at a repeat of the economic gloom of 2008. This was mainly because foreign institutional investors (FIIs) turned net sellers by pulling out almost Rs 10,215 crore from the Indian equities.
The Indian markets were battered heavily in the month of August. And while the bloodbath on the bourses led to the markets taking a beating by almost 8.5%, the Sensex dipped to alarming levels, hinting at a repeat of the economic gloom of 2008. This was mainly because foreign institutional investors (FIIs) turned net sellers by pulling out almost `10,215 crore from the Indian equities. Globally too, the situation wasnDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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