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FIIs snap 10-day buying streak in Indian shares

The selling is sparking fears that stocks may extend last week's decline if foreign liquidity support weakens, especially as the market turns cautious ahead of the central bank's policy review and the US Federal Reserve meet later this week.

twitter-logoReuters | December 16, 2013 | Updated 13:15 IST
FIIs snap 10-day buying streak in Indian shares

Foreign institutional investors (FIIs) sold Indian shares worth Rs 4.32 billion on Friday, to snap their 10-day buying streak, exchange and regulatory data shows.

FIIs also sold index futures worth Rs 9.02 billion and stock futures worth Rs 6.76 billion on Friday, exchange data shows.

The selling is sparking fears that stocks may extend last week's decline if foreign liquidity support weakens, especially as the market turns cautious ahead of the central bank's policy review and the US Federal Reserve meet later this week.

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