FII selling of Indian stocks on Thursday biggest in a month

Overseas investors sold shares worth 16.54 billion rupees ($273.2 million) on Thursday, their biggest single-day selling since July 2, provisional exchange data shows.

Overseas investors sold shares worth 16.54 billion rupees ($273.2 million) on Thursday, their biggest single-day selling since July 2, provisional exchange data shows.

Thursday also marked a second consecutive day of net sales by foreign investors, totalling $319 million.

Yesterday`s outflows included sales by Goldman Sachs Singapore, Deutsche Securities Mauritius and Morgan Stanley Singapore in certain stocks, NSE`s bulk-deal data shows.

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