Rs 43,000 crore selloff by promoters! Insider exits flash warning sign for Nifty bulls

Amidst Nifty's surge, Indian company promoters offloaded shares worth ₹43,400 crore in May, coinciding with significant investments from FIIs and DIIs. High-profile exits by figures like Rakesh Gangwal and British American Tobacco raise concerns about insider sentiment at high valuations. Experts suggest liquidity dynamics and individual circumstances drive sales, advising caution despite market optimism.