Equity benchmarks S&P BSE Sensex and Nifty50 remained subdued in the third quarter (October-December period) of financial year 2018-19 (FY18-19), owing to a slew of unfavourable factors such as sharp fall in rupee against the US dollar, surge in crude oil prices and sell-off in NBFCs triggered by IL&FS crisis.
The 30-share index Sensex shed 1.25 per cent during the period, while the 50-share index of National Stock Exchange (NSE) slipped 1.32 per cent, data fetched from ACE Equity shows.
FIIs' (foreign institutional investors) holdings in the Nifty50 pack, however, increased during the period sequentially, but on year-on-year (YoY) basis, the