FPIs raise bets on consumer-focused 'unlock' stocks

FPIs raise bets on consumer-focused 'unlock' stocks

ET Intelligence Group: India’s ‘unlock’ trade is in palpable danger of downing the shutters again as the world turns increasingly circumspect – and jittery – about a new African viral strain that appears to be breaching the immunity shield provided by vaccines. That should make overseas funds a rather worried lot. FPIs (foreign portfolio investors) have been net buyers of $1.17 billion (₹8,800 crore) of retail, airlines, hotel and auto stocks

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