FPIs shift from IT to financials, capex sectors amid rising AI fears

FPIs shift from IT to financials, capex sectors amid rising AI fears

Foreign investors are shifting their money in India. They are selling IT stocks and buying into financial services. Capital goods, automobiles, and construction sectors are also seeing increased investment. This rotation is driven by concerns over AI's impact…

Mumbai: Foreign portfolio investors (FPIs) are reshaping their Indian portfolios, rotating money out of information technology stocks and into financials and capex- linked sectors such as capital goo… [+2078 chars]
FPIs shift from IT to financials, capex sectors amid rising AI fears - FHMnews