Foreign investors dump consumer, finance, tech stocks; shift to telecom, oil & gas
Foreign investors reshuffled their portfolios in November, selling consumer, finance, and tech stocks while increasing investments in telecom, oil & gas, and capital goods. FMCG faced significant sell-offs, while telecom stocks saw strong buying interest. Metals experienced a reversal, with sales in the latter half after initial buying. Consumer durables and healthcare attracted renewed interest, reversing earlier sell-offs.
Money Control·