Market Chris Wood says will wait for 'evidence' of a pickup in activity in the Indian economy Updated : September 02, 2019 08:27 AM IST In August alone, foreign institutional investors (FIIs) sold Indian shares worth $2.19 billion, their biggest sell-off in 10 months since October 2018. Despite the announcement of measures, FIIs remained net sellers, selling Indian shares worth $421.82 million in three days — from August 26 to August 29. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.