FPIs dump FMCG, Financial Services in second half of December; IT sees inflows

Foreign investors divested ₹16,848 crore from Indian markets in the latter half of December. FMCG and financial services saw major outflows. However, the information technology sector attracted ₹4,457 crore in inflows, marking the first positive fortnight since June. This shift indicates a change in global investor sentiment towards Indian equities.

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