FPIs sell off big in financial services sector in August

August 22, 2024

In early August, foreign investors sold ₹14,790 crore worth of shares in financial services, the highest among all sectors. Key reasons included merger issues and benchmark changes. Other sectors like metals & mining and construction materials saw significant sell-offs. However, there were inflows totaling ₹9,819 crore across eight sectors in the same period.

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