FPIs chase India’s consumption story, pull money from telecom and realty | Personal Finance
Foreign portfolio investors (FPIs) pumped ₹16,621 crore into Indian equities between August 1 and 15, but the bigger story was where that money went — and where it came from. Financial services, automobiles and consumer-facing sectors emerged as the clear favourites, while telecom, capital goods, power and realty saw sizeable outflows, according to a…