Oil & gas sector witnessed the largest selling by foreign investors worth ₹3,683 crore in the first fortnight of June, after seeing selling worth ₹5,554 crore in May. In 2023, the sector saw outflows worth over ₹22,000 crore.
ETMarkets.comForeign portfolio investors offloaded shares worth ₹2,660 crore in the construction sector, while IT and metals & mining too witnessed outflows worth ₹2,559 crore and ₹1,861 crore, respectively. In May, foreign investors dumped shares in construction, information technology and metals sectors worth ₹2,686 crore, ₹5,802 crore and ₹953 crore, respectively.The capital goods sector witnessed profit booking by foreign investors worth ₹137 crore in the first 15 days of June, after receiving inflows worth over ₹6,000 crore in May. Last year, the sector received robust inflows worth ₹43,936 crore.
Overseas investors infused funds worth ₹9,455 crore across 12 sectors between June 1 and 15.
The realty sector received the highest foreign inflows worth about ₹1,815 crore, over buying worth ₹1,347 crore in May. Telecommunications and consumer services also continued to see foreign inflows worth ₹1,736 crore and ₹1,607 crore, respectively.
Financial services and construction materials sectors saw a shift in sentiment from foreign investors as they turned net buyers worth about ₹1,184 crore, ₹1,008 crore and as much as ₹302 crore in the first half of June.
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