FPIs increase exposure in banking and financial stocks


Source: thehindubusinessline.com thehindubusinessline.com

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NARAYANAN V Chennai | Updated on June 21, 2021 × Foreign investors pumped-in ₹10,806 crore in the financial services sector between May 16 and June 15, 2021 Foreign portfolio investors (FPIs) have increased their exposure in banking and financial stocks in the 30 days between May 16 and June 15 after being net sellers in the sector since the beginning of the current fiscal. According to the latest data available with depositories, foreign investors have pumped in ₹10,806 crore in the financial services sector between May 16 and June 15, 2021. Of the total inflows, ₹8,830 crore went into bank...