FPIs continue selling spree in first half of June; financials, oil & gas hit hardest
Mumbai: Foreign investors sold shares worth ₹64,761 crore across 19 sectors in the first half of June, marking the highest fortnightly outflow since the second half of March, according to NSDL data. The selling was significantly higher than the ₹14,621 crore offloaded across 13 sectors in the second half of May, as elevated oil prices weighed on sentiment.Financial services continued to bear the brunt of the outflows, with foreign investors selling shares worth ₹11,263 crore in the first half o…

