Indian markets snap one-week rally as crude surges and FII outflows rise
Indian markets ended a one-week rally. The fall followed a surge in crude oil prices and outflows by foreign institutional investors.
ContextIndian stock markets often move with global oil prices, because higher crude raises costs for an oil-importing country like India. Foreign institutional investors, or FIIs, are large overseas funds and banks whose buying and selling strongly shape daily market moves.
Read at The Hindu
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