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FPIs: FPIs cut back on FMCG, auto, financial services shares

Foreign portfolio investors (FPI) sold shares worth ₹12,514 crore across 11 sectors in the March 16-31 period. Apart from FMCG, automobiles, financial services and consumer durables sectors saw heavy selling by foreign investors. The automobiles sector witnessed profit booking worth ₹2,085 crore between March 16 and 31, after inflows worth ₹3,697 crore in the first-half of the month. ....

National Securities Depository Ltd , Financial Services Fpis , Cut Back , Financial Services , Foreign Investors , Indian Equities ,

Bulls on parade on Dalal Street

India s market cap hit ₹400 lakh crore and Sensex reached 75,000, breaching psychological barriers. Notable are the ₹100 lakh crore added in value within a year, domestic investors driving small- and mid caps, and regulators flagging frothy territory. Foreign portfolio investors turned net sellers in April, contrasting FPI caution with Indian investors bullishness. ....

Indias Market Capitalisation , Dalal Street , Indian Stock Market , Indian Equities ,

Stock market today: BSE Sensex hits all time-high, crosses 75,000; Nifty50 above 22,750

India Business News: Stock market today: S&P BSE Sensex crossed the 75,000 milestone, hitting a peak of 75,124, while the Nifty50 also achieved a fresh high of 22,765. Amo ....

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