Sharp selloff in markets in Feb due to geo-political tensions – The Nifty fell sharply in the last week of February as Russia started a full-scale invasion of Ukraine on the 24th of Feb. Though markets were largely stable in the first half of February, the sudden invasion of Ukraine by Russia surprised market participants. FIIs were net sellers in Indian equities to the extent of `35,595 crore as compared to `33,303 crore in January. While FIIs have now been net sellers for the fifth month in row mutual fund flows have been positive.

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