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Foreign investors offload India s financials, IT stocks in April, NSDL data shows

Foreign investors offloaded financials, information technology and consumer stocks in April, data from the National Securities Depository Ltd showed on Tuesday. Foreign portfolio. -May 07, 2024 at 12:38 am EDT - MarketScreener

Weekly Rupee View: Rupee sticks to a range - The Hindu BusinessLine

Weekly Rupee View: Rupee sticks to a range - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

The good, bad and ugly: Decoding the IT pack s Q4 show

As the original sunrise sector of post-liberalization India, the IT industry has been the crowning jewel of the domestic economy for decades. A job in the IT sector has been, often literally, the passport to a better life for millions of young graduates. Is this paradigm changing?

FPIs: FPIs lap up power, financial services stocks in April; IT, FMCG see biggest outflows

Power sector received the highest inflow from foreign investors, who bought shares worth ₹5,143 crore after buying ₹45 crore in March. In 2023, the sector witnessed inflows worth ₹2,477 crore. With the government expected to boost the country s power capabilities as part of its ambition to make India into a manufacturing hub, the focus is on the companies that will benefit from the revival of the sector.

FPIs lap up power, financial services stocks in April; IT, FMCG see biggest outflows, ET Retail

FPIs: Fast moving consumer goods witnessed a shift in sentiment from foreign investors as they turned net sellers in the sectors worth ₹4,351 crore after buying shares worth ₹6,241 crore in March. Consumer durable and oil & gas sectors also saw foreign selling worth ₹1,624 crore and ₹923 crore, respectively.

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