Saturday, October 28, 2023

As investors turn risk-shy, foreign institutions continue to exit financials, industrials

As investors turn risk-shy, foreign institutions continue to exit financials, industrials FII outflow from financial stocks was Rs 3,549 crore during September 15 to 30 and Rs 1,231 crore during October 1 to 15. As of June, FII ownership in Industrial stood at 8.2 percent, about 1.8 percent higher than industrials weightage in MSCI India

from Moneycontrol Market Outlook https://ift.tt/f3V84NE

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Asian shares start cautiously, dollar edges down

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