FPIs: FPIs pick out FMCG from trough, telecom & financials

Mumbai: Battered shares of fast-moving consumer goods (FMCG) companies received the highest flows from foreign investors across sectors in the first half of March as they saw value in these stocks after their underperformance in recent years. The FMCG sector received the highest inflows of ₹11,180 crore after witnessing selling worth ₹4,472 crore last month. … Read more