FPIs Bullish on Financial Services and Auto Stocks: Insights Into April’s ₹9,677 Crore Investment
In April, foreign portfolio investors (FPIs) observed strong inflows into financial services and auto stocks, which together accounted for #9,677 crore of inflows. In April, foreign institutional investors purchased Indian equities net, continuing their purchases from last month. In total, 16 out of 24 sectors experienced inflows during the month, whereas five sectors experienced outflows