'Yielding good returns': FIIs selling Indian equities due to profit booking, says Nirmala Sitharaman
'Yielding good returns': FIIs selling Indian equities due to profit booking, says Nirmala Sitharaman
Finance minister Nirmala Sitharaman attributes the recent sell-off by foreign institutional investors in Indian equities to profit booking. Officials clarify that FIIs are returning to their home countries amid global uncertainties, and emphasize India's position as a strong, resilient, and fast-growing economy.
Finance minister Nirmala Sitharaman attributes the recent sell-off by foreign institutional investors in Indian equities to profit booking. Officials clarify that FIIs are returning to their home countries amid global uncertainties, and emphasize India's position as a strong, resilient, and fast-growing economy.