The Nifty was off 2.40% for the month where most emerging market stocks got slaughtered by all the “tapering” talk. The best performer was IT, although the latest outlook by Accenture doesn’t paint a rosy picture.
FIIs pulled close to $1.85 billion out of equity markets and close to $5.68 billion out of debt. Domestic institutionals hoovered up about Rs. 64 thousand crores of debt and blew out Rs. 98 crores of equity.
Top Winners and Losers (CNX 100)