FPIs: FPIs dump financial services stocks worth $6.6 billion in 2024 as sector looks less rosy

FPIs: FPIs dump financial services stocks worth .6 billion in 2024 as sector looks less rosy

FPIs have been net sellers of financial services stocks in six out of eight fortnights since the start of 2024. Consequently, the weight of the financial services sector dropped to a multi-year low of 28.28% on May 15. Synopsis National Securities Depository Ltd (NSDL) data showed foreign portfolio investors (FPIs) sold financial services stocks worth … Read more

Hyundai: Hyundai registers highest domestic sales in 2023

Hyundai: Hyundai registers highest domestic sales in 2023

Hyundai Motor India achieved the highest-ever domestic sales in the calendar year 2023, surpassing the six lakh sales milestone. The automaker recorded sales of 6,02,111 units, registering a 9 per cent increase over the previous year’s 5,52,511 units. Additionally, Hyundai Motor India elevated its export performance by 10 per cent, shipping 1,63,675 units in 2023 … Read more