scorecardresearchFPIs bought ₹11,452 crore worth of financial stocks in the first half of November: Report

FPIs bought 11,452 crore worth of financial stocks in the first half of November: Report

Updated: 23 Nov 2022, 10:37 AM IST
TL;DR.
The recent performance of PSU banking stocks has positioned the Nifty PSU Bank index as the top-performing index among all NSE indices in 2022. Since the beginning of the year, the index has risen approximately 1,477.15 points, moving from 2,530.40 to 4,007.55, gaining nearly 58.37% of its value.
In terms of assets under custody (AUC), too, the financial services sector dominated the FPI allocations, with a share of 32% out of the total  <span class='webrupee'>₹</span>49 lakh crore worth of equity investments as of November 15, 2022.

In terms of assets under custody (AUC), too, the financial services sector dominated the FPI allocations, with a share of 32% out of the total 49 lakh crore worth of equity investments as of November 15, 2022.