Foreign investors turned net sellers in the first half of September, offloading shares in consumer services, IT, and power sectors due to concerns over profitability and rising costs. Financial services saw renewed interest, driven by attractive valuations in state-owned lenders. Automobiles, capital goods, and metals & mining also attracted inflows, but overall, foreign investors remained cautious amid global uncertainty.
Hindustan Zinc shares rise 4%, up nearly 9% in 3 sessions. What’s behind the recent surge?
Hindustan Zinc shares surged 4% to Rs 532 as silver hit a fresh high, driven by a US Fed rate cut. The company, India’s sole