In the first half of July, Information Technology stocks saw significant foreign outflows. Overseas investors sold shares across nine sectors. Fast Moving Consumer Goods and auto sectors also experienced withdrawals. Services and metals sectors witnessed inflows. India benefits from China’s rare earth metals retaliation. Base metal prices are rising. The auto sector may face challenges. FMCG might find buyers.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate