FPIs go big on capital goods, consumer discretionary firms

July 22, 2024

Foreign investors are increasingly favoring India’s discretionary consumption and capital expenditure sectors, with a significant rise in equity allocations. Sectors like capital goods, auto, and telecom are attracting substantial investments, offsetting outflows from other sectors like financial services and FMCG.

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SBI now cautious, selective about lending to NBFCs, says Ashwini Kumar Tewari

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