FPI outflows hit these sectors the hardest in June; should investors worry?
Foreign Portfolio Investors (FPIs) are continuing to reshuffle their portfolios in June, and the damage is clearly visible in two major sectors FMCG and power. These segments are bearing the brunt of heavy foreign selling, with NSDL data showing Rs 3,626 crore worth of FPI outflows in FMCG and Rs 3,120 crore in power, just…