FIIs now backing India's consumers, not capex: July data reveals major rotation
· economictimes.indiatimes.com
Foreign investors returned to Indian equities in July, but their buying reflected selective, defensive positioning. Consumer services, healthcare and consumer durables attracted Rs 25,298 crore, while capital goods, telecom and automobiles faced heavy selling. The shift highlights stronger preference for domestic consumption, healthcare and discretionary growth over capital expenditure-driven sectors.
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