$10 billion gone in 30 days! FII ‘ghar wapsi’ calls for a smart stock market strategy

All else being equal, Nirmala Sitharaman‘s Rs 1 lakh crore consumption boost through income tax cuts in the Budget should have sent the stock market soaring. The Delhi election results could have also influenced the Nifty. But with Trump‘s tantrums in full swing, FIIs aren’t paying attention…