Net Investment data for the month of July is out. The data shows the Net investments done by the Foreign Portfolio Investors (FPI) in the equity segment.
From July 16-31, the sectors which have seen massive Net inflows of more than 2,000 crores are Automobiles and Auto Components, Healthcare, Information Technology, Metals and Mining followed by Telecommunication. From these 5 sectors, the Net inflows in Automobiles and Auto Components sector has observed a gradual increase in its investments for the past three fortnights.
In the Information Technology sector, there is a massive jump in Net Investments. If you observe closely, FPI’s have significantly decreased their holdings in Financial services by 8,119 crores and on the other hand, they have increased their holding in the IT sector by 8,998 crores. Will there be a boom in the IT sector?
Metal and Mining sector have also experienced a good amount of Net inflows. Does this show a trend reversal in this sector?
The FPI’s are continuously decreasing their holdings in the Power sector from the past two months. However, the Government is very positive on the same sector.
The grand total increase in Net Investments made by the FPI’s for the month of July is 32,365 crores as compared to 26,564 crores for the month of June. An increase of 21.83% on monthly basis.
This shows the global confidence in the Indian markets.
Your thoughts and feedback are encouraged.
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