October 24, 2026
Business

FPIs pull out Rs 8,634 crore from financials, buy IT stocks(Soban News)

In the early days of October, there was a notable retreat of foreign portfolio investors from several sectors, particularly in financial services and FMCG, which saw outflows of ₹8,634 crore and ₹8,172 crore respectively. Conversely, IT stocks caught a breath of investment, attracting ₹2,599 crore as they turned a new page in investor sentiment.

​In the early days of October, there was a notable retreat of foreign portfolio investors from several sectors, particularly in financial services and FMCG, which saw outflows of ₹8,634 crore and ₹8,172 crore respectively. Conversely, IT stocks caught a breath of investment, attracting ₹2,599 crore as they turned a new page in investor sentiment. by Soban News (international And National News)

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