Changed move of foreign investors: Strong selling in FMCG, Finance, IT, Telecom-Oil and Gas become the new choice.

Read Desk. The second fortnight of November showed a completely different face of the mood of foreign investors (FIIs) in the Indian stock market. Sectors that had enjoyed investor confidence for months now appeared to be under severe pressure—and sectors that were once considered side-lines suddenly became the biggest centers of FII investment.

This ups and downs is not just a story of statistics, but also a reflection of the changes in the pulse of the market.

FMCG: Pressure for the second consecutive fortnight, fastest selling

When it is generally believed that FMCG is the safest haven of the market, foreign investors attacked the same sector twice. In the second half of November, FIIs sold FMCG shares worth ₹2,722 crore. Earlier in the first fortnight also they had withdrawn ₹2,040 crore. It seems as if investors have given a clear message that amidst the fear of recession and pressure on margins, even the defensive sector is no longer safe.

Pace slows down in auto sector too, selling continues

Despite strong demand, auto shares could not attract investors. FIIs sold ₹1,257 crore in the second fortnight. The first part also saw a withdrawal of ₹385 crore. This clearly indicates that investors are cautious due to concerns about EV transition, commodity prices and global recession.

Financial Sector: The most shocking trend

The banking/finance sector, once considered the backbone of the Indian market, also failed to gain FII confidence. There was selling of ₹1,137 crore in the second fortnight. The first tranche had seen double this withdrawal—₹2,041 crore. This trend shows that global bond yields, interest rates and credit growth estimates are making investors nervous.

IT sector: biggest impact of recession

The trend of foreign investors on IT shares continues to be negative. Sales worth ₹921 crore took place in the second fortnight. But the real shock was the huge withdrawal of the first tranche—₹4,873 crore.

The slowdown in global tech spending and the sound of budget cuts by American companies is now clearly impacting Indian IT valuations.

Now let’s talk about buying – from where FIIs placed bets openly

Telecom: The biggest choice of November

This sector has become a ‘hot spot’ for foreign investors. Investments worth ₹4,913 crore were made in the second fortnight. In the first part also, huge purchases worth ₹ 9,413 crore were made in this sector. The reason is clear that 5G rollout, increase in ARPU and debt reduction strategy are making this sector attractive.

Oil and Gas: Regaining confidence in the energy sector

FIIs pumped in ₹4,177 crore in the second fortnight. In the first part also purchases worth ₹2,992 crore were made. Softening of crude prices and stability of government policies are giving new shine to this sector.

Capital Goods: Facility Construction and Infra Strengths

In this sector, FIIs made net purchases of ₹ 1,707 crore in the second tranche. This is more than double the purchase of ₹788 crore in the first fortnight. This is a clear indication that investors are now betting big on India’s long infra cycle.

The trend in some sectors surprised. Consumer Durables: Reversal from selling to buying. Where there were sales of ₹ 1,379 crore in the first fortnight. In the second fortnight, FIIs made purchases worth ₹1,273 crore. This rebound shows that festive demand and margin improvement attracted investors again.

Healthcare: The journey from heavy selling to pure buying

Selling of ₹2,526 crore in the first fortnight, but purchasing of ₹743 crore in the second fortnight. This is perhaps an indication that the valuations of pharma stocks are now appearing cheap and attractive to investors.

Metals: First fortnight positive, second lost its shine

Purchase of ₹ 236 crore in the first part, sale of ₹ 1,045 crore in the second part. Slowdown in Chinese demand and global commodity pressure made investors cautious. The message in the market is clear – investors’ strategy is changing

This November data shows that foreign investors are now withdrawing money from safe sectors and placing bets on ‘high growth’ sectors. While on one hand, big sectors like FMCG, Finance and IT are under pressure, on the other hand, Telecom, Oil & Gas and Capital Goods are emerging as new star performers.