Rs 35,000 crore FII selloff in August. Can GST reforms, tariff relief and a strong GDP print turn the tide?
Foreign institutional investors (FIIs) pulled out Rs 34,993 crore from Indian equities in August, their sharpest retreat this year, as US tariff shocks and weak June-quarter earnings weighed on sentiment. The outflows pushed year-to-date FII selling past Rs 1.3 lakh crore, raising concerns about India’s place in global portfolios, even as policy reforms and stronger-than-expected…