Indian markets kicked off the last trading week of 2020 on a positive note mostly led by global triggers. “The advancement of a rollout of covid-19 vaccines in India too uplifted domestic sentiments, leading to positive momentum across all the sectors. Foreign institutional investors have invested $22.56 billion in Indian shares in 2020 so far, highest since 2012. Domestic institutional investors including mutual funds and banks are net sellers of Indian shares in 2020, first time in six years. In December, FIIs were net buyers of domestic shares worth $6.45 billion while DIIs continued to sell for a third consecutive month, dumping equities worth ₹33051.41 crore in December.

Source: Mint December 28, 2020 14:17 UTC