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FPIs stay positive on consumption theme, increase allocation to automobiles, consumer services

FPIs stay positive on consumption theme, increase allocation to automobiles, consumer services
Article Summary-
ADVERTISEMENT The collective weight of the consumption-related sectors including automobiles, consumer durables, consumer services, FMCG, and telecommunications in the portfolios of foreign portfolio investors ( FPIs ) reached a record high 25.5% at the end of August 2024, according to data from NSDL.It increased by 308 basis points...