FPIs sell Rs 21,745 crore in second half of Sep, in oil & gas, auto & financials

Economic Times ·
India Business & Economy

Foreign portfolio investors experienced a significant increase in selling Indian equities during the latter half of September. Financial stocks led the sell-off, with the highest outflows totaling around ₹6,943 crore. Oil and gas and auto sectors experienced notable selling, reflecting profit-taking and portfolio rebalancing. Telecom stocks faced profit-taking ahead of the upcoming Jio Platforms…

Read original article on Economic Times →