FPIs have invested nearly $5 billion in infrastructure segments including capital goods, and construction and related sectors and a similar amount in FMCG, consumer durables and telecom over the past twelve months. In addition, the automobile sector, which is considered as nondiscretionary, has attracted $3.26 billion of investment. The cumulative weight of infrastructure and consumption play in the FPI equity portfolio reached a multi-year high of 29.6% at the end of the first fortnight of June 2023, the data from NSDL showed
Diwali dhamaka isn’t over! How a Rs 38 lakh crore bull run sent Sensex up 8,000 points and Nifty up 10% in 8 days
India’s Diwali rally has added nearly Rs 38 lakh crore to BSE-listed companies’ market value in just eight trading sessions, with the Sensex surging nearly