Financials, FMCG lead FPI sell-off; IT stocks buck the trend in first half of October

What happened: Foreign portfolio investors pulled money from financial services and FMCG in the first half of October, while IT stocks drew inflows. Key numbers: Financial services outflows ₹8,634 crore; FMCG outflows ₹8,172 crore; IT inflows ₹2,599 crore. Why it matters: The data shows FPIs rotating away from financials and FMCG toward IT, a shift in investor sentiment during the period. Coverage: 3 outlets in 24h

FPI sell-off concentrated in financials and FMCG while IT stocks bucked the trend.

FPI sell-off concentrated in financials and FMCG while IT stocks bucked the trend. — impact context not separately stored; see What changed.