FII selling returns in first half of September as financials, auto stocks face heavy outflows
In early September, foreign investors shifted to selling after a series of buying phases. Notably, financials, automotive, and oil and gas sectors experienced considerable sell-offs. Conversely, healthcare stocks attracted significant investments, reflecting a cautious market sentiment. Investors pulled back on auto and power stocks amidst rising global concerns, which collectively led to a…
Overseas investors turned sellers in the financials, automotive, oil and gas, and consumer goods sectors during the first half of September, according to wire material. Financial stocks saw the largest selling activity, amounting to ₹6,204 crore, after a buying spree of ₹3,959 crore in the second half of August. Auto stocks saw a decline of ₹2,670 crore between September 1 and 15, following a ₹1,299 crore sale in the second half of August.
Healthcare stocks experienced the highest inflows, reflecting a defensive outlook for Indian equities, with FII buying of ₹2,114 crore. Other sectors like power, telecom, IT, construction, and services also saw some selling, while large-cap stocks were net sellers, particularly in healthcare and auto ancillary. The selling was attributed to global caution, sector-specific concerns, and rising input costs.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026? economictimes.indiatimes.com
