Rs 1.16 lakh crore FII money flushed out in nearly 2 months. Why should you still not worry?

Despite recent selling by foreign institutional investors (FIIs) over the past month and a half, which has led to an 8-9% correction in Indian benchmark indices, FII outflows account for only about 1% of foreign ownership in domestic equities. The local markets remain supported by strong domestic ownership at 83%, bolstered by robust retail investor demand.