In this Big Money Series, we will look at the sectors FII (Foreign Institutional Investors) bought between Dec 16-31, 2023.
FIIs pumped in ₹23402 Cr in the Indian Stock Market in the second half of Dec 2023.
The Top 5 sectors that received the maximum inflows are - Financial Services, IT, Energy, Capital Goods and Construction materials.
The Financial Services Sector received the highest inflows in both the first and second half of December. It saw a net inflow of ₹6277 Cr in the second half of December.
IT Sector received inflows of ₹3763 Cr.
FIIs continue to increase their investments in the Capital Goods sector. This has been their favourite sector in 2023 as discussed in earlier posts. Capital Goods saw net inflows of ₹2114 Cr.
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