📰 ET Stocks 🔴 BEARISH 🕒 23 Oct 2026, 05:45 AM IST

Financials, FMCG lead FPI sell-off; IT stocks buck the trend in first half of October

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Financials, FMCG lead FPI sell-off; IT stocks buck the trend in first half of October

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Market & Financial Impact: In the early days of October, there was a notable retreat of foreign portfolio investors from several sectors, particularly in financial services and FMCG, which saw outflows of ₹8,634 crore and ₹8,172 crore respectively. Conversely, IT stocks caught a breath of investment, attracting ₹2,599 crore as they turned a new page in investor sentiment.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

FMCG and automobile stocks also saw heavy selling, with FPIs offloading shares worth ₹8,172 crore and ₹6,533 crore, respectively, in the first half of October.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Financials, FMCG lead FPI sell-off; IT stocks buck the trend in first half of October

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