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FPIs sell Rs 21,745 crore in second half of Sep, in oil & gas, auto & financials
Finance · 2 updates
FPIs sell Rs 21,745 crore in second half of Sep, in oil & gas, auto & financials
Mumbai: Foreign portfolio investors (FPIs) stepped up selling in Indian equities in the second half of September, with financial, oil & gas, auto, telecom and metal stocks bearing the brunt of the outflows. FPIs sold ₹21,745 crore during September 16-30, after selling ₹14,116 crore in the first half of the month.Financial stocks saw the highest FPI selling at around ₹6,943 crore, compared with ₹6,204 crore in the first half. Oil & gas and auto stocks followed, with selling of ₹4,469 crore and ₹3,542 crore, respectively, against ₹2,385 crore and ₹2,670 crore in the first half.134777211"
Financials, FMCG lead FPI sell-off; IT stocks buck the trend in first half of October
Mumbai: Foreign portfolio investors (FPIs) continued to sell shares across most sectors, including financial services, FMCG, auto, healthcare and telecom, during the first half of October, even as IT stocks attracted buying. Financial services saw the highest FPI outflows, at ₹8,634 crore, during first half of October, following sales of over ₹6,943 crore in the second half of September.FMCG and automobile stocks also saw heavy selling, with FPIs offloading shares worth ₹8,172 crore and ₹6,533 crore, respectively, in the first half of October. This compared with sales of ₹972 crore in FMCG and
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