Industry Odisha Bureau, April 7: Data released by the National Securities Depository Limited (NSDL) reportedly showed that the maximum amount of Financial Services (FS) stocks were sold by the Foreign Investors (FIs) in this year’s month of March that has reportedly been registered as the highest since 2012.
The NSDL data claimed that the withdrawals by the FIs amounted to a whopping $13 billion in the out-gone month of March.
According to the NSDL data: “Overseas investors sold nearly $12.6 billion worth of equities in March”, while the Financial Services accounted for “51.6% of the total foreign investor outflows” during March.
While the stocks of automobile and auto components witnessed outflows of $1.3 billion, stocks of “construction registered outflows of $975 million”, “telecommunication recorded outflows of $602 million”, and “consumer goods outflows stood at $579 million”.
Nevertheless, reports said that the only sector that witnessed net inflows during March 2026 was the Capital Goods, because the FIs reportedly invested $343 million.
