FIIs snap 5-day selling streak in Indian shares

Foreign investors bought Rs 10.75 crore worth of Indian shares on Thursday to snap their five-day selling streak totalling $542 million in secondary markets, provisional exchange and regulatory data shows. Analysts say with Nifty taking support at 200 day moving average, any follow up buying by foreign institutional investors (FIIs) will help reverse the short-term trend which had turned down. The Nifty took support at its 20...