D-St Exit Rush! Sectors that saw sharpest FII selloff in 2nd half of September
60-Word AI Digest
In mid-September, foreign investors took a step back from Indian equities, causing significant shifts across multiple sectors. The financial services sector saw the largest impact, facing net outflows of Rs 6,943 crore. Concurrently, oil, gas, and fuel markets suffered a major withdrawal of Rs 4,469 crore amid increasing oil prices.
Key Takeaways
- In mid-September, foreign investors took a step back from Indian equities, causing significant shifts across multiple sectors.
- The financial services sector saw the largest impact, facing net outflows of Rs 6,943 crore.
- Concurrently, oil, gas, and fuel markets suffered a major withdrawal of Rs 4,469 crore amid increasing oil prices.
In mid-September, foreign investors took a step back from Indian equities, causing significant shifts across multiple sectors. The financial services sector saw the largest impact, facing net outflows of Rs 6,943 crore. Concurrently, oil, gas, and fuel markets suffered a major withdrawal of Rs 4,469 crore amid increasing oil prices.
Original Publisher Attribution
This summary was curated from Economic Times.