Global investors reduced their equity stake in India’s financial services sector in the latter half of May, selling shares worth ₹5,181 crore. This pace of selling was significantly lower than the first half of the month. Despite overall outflows, the metals sector saw substantial inflows, attracting nearly 60% of foreign investment.
AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocks
Invesco Mutual Fund’s Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing broad PSU rallies. He highlights