FPIs add auto, IT and capital goods, invest over Rs 22,600 crore in July

Foreign investors pumped ₹22,670 crore into shares of companies across 19 sectors between July 1 and 15, according to data from National Securities Depository (NSDL). Capital goods, automobiles, information technology (IT), and healthcare were among the sectors that witnessed the highest inflows in the period.

The capital goods sector saw robust inflows worth ₹3,612 crore in the first half of July, over inflows worth ₹2,792 crore in June. The sector had witnessed foreign inflows worth over ₹20,000 crore between January and June. FPIs bolstered their holdings in automobile stocks with an infusion of ₹2,993 crore during the first 15 days of July.

Foreign investors renewed their buying interest in IT, metals & mining, oil & gas and fast-moving consumer goods (FMCG) in the first half of the month. IT stocks witnessed an investment of ₹2,765 crore after they divested ₹981 crore in June and ₹11,333 crore in the first six months. These investors bought healthcare stocks worth ₹2,378 crore in the first 15 days of the month.

ETMarkets.com

Metals & mining and oil & gas sectors witnessed foreign inflows worth ₹1,969 crore and ₹1,944 crore, respectively, after profit booking of over ₹2,500 crore each in June.

Overseas investors sold shares worth ₹1,949 crore across construction, power, chemicals, and utilities sectors in the first 15 days of July. They sold shares worth ₹902 crore and ₹891 crore in the construction and power sectors, respectively, after booking profits worth over ₹2,000 crore each in June.

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