FIIs dump 2 stocks for every one bought, smallcaps worst hit. What it means for investors

Foreign institutional investors (FIIs) significantly reduced their holdings in Indian equities during the December quarter, selling nearly two stocks for every one purchased, with smallcaps bearing the brunt. This exodus, driven by high valuations and modest earnings growth, saw FIIs divest from 814 stocks while acquiring only 478 across various market segments.