Market experts note that the recent FPI inflows are concentrated in a select few stocks rather than being spread across the market or sectors
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In May, FPIs sold equities worth Rs 25,586 crore as per NSDL data, indicating a pattern of sustained and excessive selling in the cash market
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The consistent offloading of money from Indian stocks is partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties
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The super-premium segment (USD 800+) showed the highest growth rate, with a 44 per cent increase
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This shift is being supported by attractive financing options, lucrative trade-in deals and bundled offers that make high-end devices more accessible
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itel's Unicorn Pro smartwatch offers health monitoring, customisable watch faces, and long battery life
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