'Yielding good returns': FIIs selling Indian equities due to profit booking, says Nirmala Sitharaman

Finance minister Nirmala Sitharaman attributes the recent sell-off by foreign institutional investors in Indian equities to profit booking. Officials clarify that FIIs are returning to their home countries amid global uncertainties, and emphasize India's position as a strong, resilient, and fast-growing economy.

'Yielding good returns': FIIs selling Indian equities due to profit booking, says Nirmala Sitharaman

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Finance minister Nirmala Sitharaman attributes the recent sell-off by foreign institutional investors in Indian equities to profit booking. Officials clarify that FIIs are returning to their home countries amid global uncertainties, and emphasize India's position as a strong, resilient, and fast-growing economy.