Financials, FMCG lead FPI sell-off; IT stocks buck the trend in first half of October

economictimes · 2026-10-23 · Bearish AI sentiment

$FPI

Mumbai: Foreign portfolio investors (FPIs) continued to sell shares across most sectors, including financial services, FMCG, auto, healthcare and telecom, during the first half of October, even as IT stocks attracted buying. Financial services saw the highest FPI outflows, at ₹8,634 crore, during first half of October, following sales of over ₹6,943 crore in the second half of September.FMCG and automobile stocks also saw heavy selling, with FPIs offloading shares worth ₹8,172 crore and ₹6,533 c

Sector coverage: Real Estate · REIT - Specialty

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