FPIs had turned buyers in July after nine straight months of heavy net outflows, which started from October last year. Between October 2021 and June 2022, they sold a massive Rs 2.46 lakh crore in the Indian equity markets.Hitesh Jain, Lead Analyst – Institutional Equities, Yes Securities, said FPI flows are expected to remain positive during August.
Sector-wise ownership: IT sector tops promoter ownership in Nifty50
Promoter ownership stayed highest in IT; government stake led in Utilities. DMFs hit record highs across sectors, while FPIs trimmed Financials and IT but increased