Fortnightly Sector-wise Foreign Flows by Emkay Global Financial Services
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FIIs turned buyers for Software & Services and Real Estate cos
FIIs sell Materials, banking stocks the most
Mumbai, May 7: As per a research report released by Emkay Global Financial Services, the Foreign Institutional Investors showed maximum interest in Software & Services and Real Estate sector companies. For the fortnight April 16th - April 30th , 2021, the software & services and the real estate sector saw buying worth $281 million and $232 million respectively. It is worth noting that FIIs are underweight in Software & Services by ~4% vs. MSCI weight.
On the other hand, FIIs turned sellers for the Materials sector last fortnight, with the highest sectoral outflow of $570mn. FIIs also continued selling in Banks and the Energy sector, with each seeing outflows in excess of $200mn.
Fortnightly Sector-wise Foreign Flows
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