Foreign portfolio investors have been selling Indian shares ahead of the elections, focusing on growth stocks over defensive ones. Data from NSDL shows a decline in FMCG and IT sector weightage in FPIs’ equity folio.
ETMarkets Smart Talk: Sectors to avoid in 2025: Overvalued plays and low growth visibility stocks
The market has digested the continuing geo-political concerns and with the new US president taking an anti-war stance, there are high chances that various regional