In the latter half of May, foreign funds favored telecom, services, capital goods, and consumer goods, with telecom experiencing significant inflows due to the Singtel-Bharti Airtel deal. Conversely, IT saw the largest outflows amid concerns about the US economy and geopolitical shifts. Investors realigned portfolios, recognizing unwarranted sell-offs in services and FMCG sectors due to a rural demand pickup.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
August 29, 2026