look news india
In the fortnight from June 1 to June 15, foreign portfolio investors (FPIs) sold shares worth Rs 12,519 crore in 11 sectors. Also, shares worth Rs 9,455 crore were bought in 12 sectors.
The figures in this regard are shown in the report of National Securities Depository Limited (NSDL). These figures show that in the first fortnight of June, FPIs sold more than bought. There was heavy selling by FPI in the shares of oil and gas, construction and information technology sectors. While the realty sector remained on top in terms of share purchases.
After selling stocks worth Rs 5,554 crore in the sector in May, FPIs sold stocks worth Rs 3,683 crore in the oil and gas sector in the first fortnight of June. An outflow of Rs 22,000 crore was recorded in this sector in the year 2023. Foreign investors sold shares worth Rs 2,660 crore in the construction sector. While information technology (IT) and metals and mining also saw withdrawals of Rs 2,559 crore and Rs 1,861 crore respectively. Foreign investors sold shares worth Rs 2,686 crore, Rs 5,802 crore and Rs 953 crore respectively in the construction, IT and metals sectors in May. At the same time, foreign investors booked profits of Rs 137 crore in the capital goods sector in the first fortnight of June. In May, an inflow of Rs 6,000 crore was seen in this sector through FPI. Last year, this sector received a strong investment of Rs 43,936 crore. During the period from June 1 to 15, foreign investors bought shares worth Rs 1,815 crore, which is the highest in the realty sector. In May, this sector saw share purchases worth Rs 1,347 crore.