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Nifty, Sensex open lower as foreign investor selling continues to weigh on Indian markets

Experts underlined that Foreign Institutional Investors (FIIs) continue to exert pressure on Indian stocks. However, they think that the situation will improve, with a sharp comeback in the next weeks

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Representative image

Representative image

The Indian stock markets opened down on Friday, as foreign investors continued to sell throughout October. The Nifty index opened 0.34 per cent down, down 84 points to 24,664.95, while the BSE Sensex slid 257 points, or 0.32 per cent, to open at 80,749.26, reported ANI. 

The news agency report stated that experts underlined that Foreign Institutional Investors (FIIs) continue to exert pressure on Indian stocks. However, they think that the situation will improve, with a sharp comeback in the next weeks.

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