Foreign Portfolio Investors (FPIs) significantly increased their investments in Indian markets during the first half of May, with banking and financial services (BFSI) stocks attracting the highest inflows at ₹4,728 crore. Capital goods and oil & gas sectors also saw substantial investments, while FMCG experienced the most significant selling pressure. Experts anticipate further FII inflows driven by global de-dollarization.
F&O Talk: Big break above 23,200 can open doors for 23,500 for Nifty; Sudeep Shah picks 6 stocks ahead of Diwali
Nifty could extend its recovery towards 23,500 if it decisively breaks above the 23,150–23,200 resistance zone, says SBI Securities’ Sudeep Shah. He also shares his