Foreign portfolio investors (FPI) sold shares worth ₹41,926 crore across 14 sectors on average in the January 16-31 period. Other than financials, fast-moving consumer goods (FMCG), services, and metals were among the sectors that witnessed outflows.
AgenciesThe sector had seen foreign inflows worth ₹3,644 crore in December 2023.
Mumbai: Financial services shares saw the highest selling by foreign funds across sectors in the second-half of January. Foreign investors dumped shares in the sector worth ₹31,261 crore between January 16 and 31 after buying worth ₹1,248 in the first-half of the month, as per data from National Securities Depository Limited (NSDL). The sector received record inflows worth ₹29,168 in December 2023.
Foreign portfolio investors (FPI) sold shares worth ₹41,926 crore across 14 sectors on average in the January 16-31 period. Other than financials, fast-moving consumer goods (FMCG), services, and metals were among the sectors that witnessed outflows.
Agencies
The FMCG sector witnessed profit booking by foreign investors worth ₹2,016 crore between January 16 and 31, after inflows worth ₹495 crore in December 2023. They offloaded shares worth ₹2,006 crore and ₹1,949 crore in services and metals, respectively.
In the last 15 days of January, foreign investors turned sellers in the realty sector worth ₹595 crore, after being buyers worth ₹636 crore in the first-half of the month. The automobile sector witnessed additional outflows worth ₹437 crore, over ₹1,630 crore in the first 15 days of the month. The sector had seen foreign inflows worth ₹3,644 crore in December 2023.
Agencies
Agencies
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