FPIs Dive into Consumption, Leave Telecom in the Dust

Finance

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FPIs Dive into Consumption, Leave Telecom in the Dust

Hey, listen up! Foreign portfolio investors, or FPIs, just splashed a jaw-dropping ₹16,621 crore into Indian stocks from August 1-15! They’re all about that financial services and auto action, while telecom and realty are getting the boot. It’s like choosing a big slice of pizza over a sad little salad! Who wouldn’t? So, if you love consumer stuff, you’re in for a treat! But telecom? Oof, they’re feeling the heat!