Why is Nifty50 behaving as if Covid 2.0 has never happened? SECTIONS Share Synopsis Market data suggests while foreign investors have been dancing to the tune of ‘Sell in May and go away’ when it comes to Indian equities, domestic institutional investors have been sticking their neck out and lapping up those shares. iStock Market data suggests while foreign investors have been dancing to the tune of ‘Sell in May and go away’ when it comes to Indian equities. Related Some called Mr Market ‘heartless’, while others tried to explain it as its typical ‘forward-looking’ behaviour. Market data suggests while foreign investors have been dancing to the tune of ‘Sell in May and go away’ when it comes to Indian equities, domestic institutional investors have been sticking their neck out and lapping up those shares. There’s no evidence of large-scale pullout by retail investors either.