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FPIs train guns on financial services stocks in Sept, shows data

IT stocks saw maximum selling by FPIs in the last fortnight at about Rs 3,998 crore, weighing on its performan

Topics
FPIs | Foreign Portfolio Investors | Equity markets

Sundar Sethuraman 



foreign portfolio investments, bond market,FPIs,Nomura , credit growth,liquidity,First Rand Bank,Reserve Bank of India , RBI,Commercial banks
Analysts said improving banking credit growth and peaking bad loan cycle as the reason for FPI interest in finance stocks

More than one-third of the foreign portfolio investor (FPI) flows into the in the first two weeks of September went to the financial services stocks. They attracted flows worth Rs 5,335 crore, while fast-moving consumer goods (FMCG) stocks got Rs 1,997 crore, data collated by primeinfobase.com revealed.

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First Published: Wed, September 21 2022. 19:22 IST

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