Financial services stocks

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

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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

FPI: Financial services stocks remain top FPI pick in December

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FPI: Financial services stocks remain top FPI pick in December

Mumbai: Financial services stocks remained the top pick of overseas fund managers in the second half of December after witnessing record flows in the first part of the month. The sector received ₹6,277 crore in the period between December 16 and 30, according to the data from National Securities Depository Limited (NSDL). In the December … Read more