FPIs sell IT, financials in the first fortnight of April

FPIs have been selling in Indian equities for 4 months due to Trump’s tariff threats and high valuations, leading to portfolio rebalancing. IT and financials saw the most selling, while telecom, chemicals, textiles, and media had inflows. Experts predict a reallocation to India due to steady growth and attractive valuations, with BFSI being a favored […]