FMCG, IT among top 5 sectors that led FPI outflows since January
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Out of Favour
Domestic investors often track what FIIs are buying or selling as they have the power to move the markets. According to Trendlyne data, financial services, and FMCG were among the top sectors overseas investors have been dumping since the beginning of 2024. Take a look:
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Financial Services
Outflow from Jan to May 15: Rs 45,863 crore
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FMCG
Outflow from Jan to May 15: Rs 8,795 crore
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Oil and gas companies
Outflow from Jan to May 15: Rs 4,721 crore
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IT
Outflow from Jan to May 15: Rs 4,550 crore
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Construction
Outflow from Jan to May 15: Rs 3,701 crore