Fii Sell Off

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Too many negative moving parts, best trade is the reopening one: Avendus’ Andrew Holland

Domestic fund inflows may fall by a lesser degree when compared to global markets but will fall by 5%
Buy or Sell | Expect pull back rally on Nifty above 10,270

Sector-wise, FMCG, IT and Pharma could see a weak trend. Here's Swait Hotkar, Technical Analyst at Nirmal Bang, recommending what to pick in this episode of Buy or Sell.
RBI likely sold dollars via state-run banks, dealers say

The RBI likely sold dollars via state-run banks from 61.85 rupee levels, three traders said after the currency touched to all time lows of 62/USD on Friday.
Strong dollar, FII sell-off to up rupee strain: HDFC Bank

Forex market analysts believe that the currency may weaken more on the back of strong dollar demand. Employment data from the US has also been strong, which has led to this move, says Ashutosh Raina, head of FX trading at HDFC Bank.

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Fii Sell Off

Too many negative moving parts, best trade is the reopening one: Avendus’ Andrew Holland

Buy or Sell | Expect pull back rally on Nifty above 10,270

RBI likely sold dollars via state-run banks, dealers say

Strong dollar, FII sell-off to up rupee strain: HDFC Bank