Foreign Institutional Investors (FIIs) have mostly finished selling Indian stocks, according to Samir Arora, founder of Helios Capital.
Speaking at the CNBC-TV18 Global Leadership Summit, Arora highlighted that FIIs were not exiting India to invest in China but reallocating funds to the US. The selling spree, driven by poor corporate earnings, has amounted to a staggering ₹1.2 lakh crore in recent weeks. Arora believes the sell-off is near its end, signaling a potential stabilization in Indian markets. He remains optimistic about future market recovery.