For the year so far, FIIs have been net sellers of shares worth Rs 1.88 lakh crore, while DIIs have net bought Rs 4.72 lakh crore worth of shares.
Some of the institutional investors have voted against ESOP proposals of leading companies such as Wipro, Swiggy, and Schneider Electric among others.
Hemant Kanawala, Head Of Equity at Kotak Mahindra Life Insurance expects no downside to the markets. Due to lack of any major triggers other than the Budget in the near-future, he does not see an upside to the market as well.
Nitin Rakesh, president, Americas - Syntel Inc says that the market is expecting measures to ensure fiscal discipline and the provision of a reform roadmap in the Budget.
