FPIs sell Rs 21,745 crore in second half of Sep, in oil & gas, auto & financials
· economictimes.indiatimes.com
Foreign portfolio investors experienced a significant increase in selling Indian equities during the latter half of September. Financial stocks led the sell-off, with the highest outflows totaling around ₹6,943 crore. Oil and gas and auto sectors experienced notable selling, reflecting profit-taking and portfolio rebalancing. Telecom stocks faced profit-taking ahead of the upcoming Jio Platforms IPO, influencing investor positions.
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