![Financial services stocks worth of $1.8 billion were sold by FPIs when the market fell.](https://market-tracker.in/wp-content/uploads/2024/08/fpis-600x400.jpg)
Financial services stocks worth of $1.8 billion were sold by FPIs when the market fell.
Data from the National Securities Depository (NSDL) shows that in the first half of August, foreign portfolio investors (FPIs) sold shares worth $1.76 billion of financial services businesses, marking the largest outflow from the industry since January. With $2.24 billion in total sales, the financial services industry accounted for over 78% of all net outflows…