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Foreign portfolio investors have shown significant interest in the financial services sector, as evident from NSDL data indicating a substantial influx of funds into this particular industry.
A long-time favorite of FIIs, financials alone attracted Rs 22,891 crore worth of funds in the first 15 days of the month, shows data pulled from NSDL. Healthcare stocks, which have also been among the list of underdogs, saw the second highest sectoral buying at Rs 3,449 crore.
India Business News: The FPI selling trend which started in September continued in October and is showing no signs of reversing in November even though the intensity of se
According to ICICI Securities, for July 2023, FPI portfolios bought across sectors and continue to load up risk (beta and value stocks) while MFs saw mixed trends.
Supported by recent steady increases in domestic stocks, BSE-listed businesses reached an all-time high of Rs 280.50 lakh crore.