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FII selling returns in first half of September as financials, auto stocks face heavy outflows

Mumbai: After remaining buyers for about five fortnights, overseas investors again turned sellers in the first half of September, with financials, auto, oil and gas and FMCG seeing the biggest selling. Healthcare witnessed the highest inflows in the period, reflecting the defensive tilt in their near-term outlook for Indian equities.Foreign portfolio investors sold nearly ₹14,116 crore during the first half of September across sectors, compared with buying of ₹13,000 crore in the second half of…

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Economic TimesLean R·1h ago
FII selling returns in first half of September as financials, auto stocks face heavy outflows
Mumbai: After remaining buyers for about five fortnights, overseas investors again turned sellers in the first half of September, with financials, auto, oil and gas and FMCG seeing the biggest selling. Healthcare witnessed the highest inflows in the period, reflecting the defensive tilt in their near-term outlook for Indian equities.Foreign portfolio investors sold nearly ₹14,116 crore during the first half of September across sectors, compared with buying of ₹13,000 crore in the second half of…
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FII selling returns in first half of September as financials, auto stocks face heavy outflows

How 2 sources are covering this

FII selling returns in first half of September as financials, auto stocks face heavy outflows

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