FPIs turn net buyers in the second half of October, shows data
· Business Standard Mkts
Overseas investors bought heavily into IT and telecom stocks, but remained net sellers for October, with total equity outflows of ₹34,843…
The analysis
This is an Index / institutional flows event. Passive and institutional flows move price independently of fundamentals, and around rebalancing dates they dominate it.
Market context
- Sectors in the story: Telecom & Media.
Telecom & Media
1M +3.5% · 3M +0.9%
Sector moves are the average of the stocks we track in each sector.
In this story
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