India’s equity market is witnessing a significant churn, as Foreign Portfolio Investors (FPIs) continue a massive exodus from the financial sector. With over ₹1.26 lakh crore pulled out of Indian banks this year—accounting for nearly 44% of total foreign selling—global funds are aggressively rotating their capital.

Foreign Investors Flee Indian Banks, Bet on Capital Goods 

The stock markets rose due to broadly positive Asian indices, coupled with healthy buying in capital goods, auto, healthcare and metal stocks

Sensex closes 294 points higher, Nifty above 10,500

The BSE benchmark Sensex opened higher at 33,912.49 and hovered in a range of 33,995.40 to 33,802.13 before finishing at 33,969.64, showing a gain of 176.26 points or 0.52 per cent.

Sensex rebounds 176 points; Nifty reclaims 10,500-mark

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