Indian equities face first monthly FPI outflows in seven months. Read More>>
After six consecutive months of net buying, FPIs take profits in Indian equities, reshaping their investment strategy
Power sector stocks like REC and PFC hit record highs, prompting FPIs to book gains, with $500 million in sales in the first half of September
FPIs continue to shed metal stocks due to a robust USD and sluggish Chinese economy, totalling $549 million in sales in the first half of September
FPIs show confidence in financials, with $772 million invested in the sector in the first half of September, a reversal from August's selling trend
Over one-third of FPI investments (33%) are in financial services, followed by IT (10.04%) and Oil & Gas (8.68%), reflecting sector preferences
As of September 15, FPIs' Assets Under Custody (AUC) reached $666.3 billion, around 18% of India's total market capitalization, influencing market dynamics
Source – CNBCTV 18