GK and monthly revision

FPIs continue to bail out of financial services

Foreign Portfolio Investors (FPIs) have accelerated their selling in the financial services sector, offloading over ₹5,402 crore in the latter half of January. This comes as part of a broader trend where FPIs withdrew ₹29,056 crore across 15 sectors, with healthcare also seeing significant outflows. However, the metals and mining sector attracted ₹8,837 crore in inflows, driven by precious metal momentum. This data is crucial for understanding the changing investment patterns and their potential impact on the Indian economy.