Foreign investors are shifting their money in India. They are selling IT stocks and buying into financial services. Capital goods, automobiles, and construction sectors are also seeing increased investment. This rotation is driven by concerns over AI’s impact on IT and a positive outlook for other sectors.
RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET Poll
On Monday, the Reserve Bank of India’s Monetary Policy Committee will hold important meetings. Analysts are anticipating a 25 basis points increase in the key