FPIs invest big in power, capital goods stocks in August

September 7, 2023

According to National Securities Depository Limited (NSDL) data, FPIs allocated a dominant ₹11,563 crore to power sector stocks. FPIs’ investment in power stocks includes a $1.1 billion investment by US-based GQG in Adani Power. They pumped ₹11,343 crore into Indian equities in August as against ₹26,442 crore in July.

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