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Rs 30K crore purchase! FPIs add consumer durables, IT; power stocks face selloff heat
Foreign investors infused ₹30,845 crore into 15 sectors between August 16 and 31, with consumer durables and IT receiving the highest inflows. Defensive sectors like FMCG and pharma also saw increased interest. The power sector faced significant selloff, while financial services, oil & gas, and healthcare received over ₹2,000 crore each.