FIIs turn buyers in February with Rs 16,912 crore worth of equity inflows. Is this a sign of trend reversal?
Foreign institutional investors (FIIs) have turned net buyers in February, buying shares worth Rs 16,912 in the domestic markets so far. The trend reversal comes on the back of improved Q3 earnings. Buying returned this month after a lacklustre beginning of the new year. In January, foreign equity outflows were to the tune of Rs…