According to NSDL data, foreign portfolio investors (FPIs) bought shares worth ₹565 crore in construction material stocks, ₹323 crore in power stocks, and ₹309 crore in capital goods stocks. These investors, who sold ₹9,199 crore worth of shares in IT stocks in September 2022, further offloaded shares in the sector worth ₹1,665 crore in the first fortnight of October.
Buy the dip, stay invested: Matt Orton sees more upside for global markets
Global markets are gaining traction as geopolitical worries ease and AI companies report strong earnings. Matt Orton of Raymond James highlights that receding oil prices