FPIs Dive into Consumption, Say Bye to Telecom and Realty

Foreign portfolio investors (FPIs) splashed a whopping ₹16,621 crore into Indian stocks from August 1 to 15! They were all about financial services, autos, and consumer sectors, but they totally ghosted telecom and realty, which saw major outflows. It seems FPIs are in the mood for consumption and steering clear of heavy-duty sectors. Who knew money could play favorites?