{"id":636493,"date":"2024-02-27T10:17:55","date_gmt":"2024-02-27T04:47:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=636493"},"modified":"2024-02-27T11:22:49","modified_gmt":"2024-02-27T05:52:49","slug":"wheres-money-flowing-fiis-sell-financial-services-buy-it-oil-and-gas","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/wheres-money-flowing-fiis-sell-financial-services-buy-it-oil-and-gas\/","title":{"rendered":"Where&#8217;s money flowing? FIIs sell financial services, buy IT, oil and gas"},"content":{"rendered":"<p>Information Technology, Oil and gas, telecommunications and power saw the most inflows from foreign institutional investors between 15 and 31 January 2024. Financial services, fast-moving consumer goods ( FMCG), services, metals and mining and consumer durables witnessed outflows, as per data analysed by YES Securities.  <\/p>\n<p>&#8220;The rally in Indian Oil &amp; Gas PSU is based on many favourable factors that have gotten even better: 1) Oil price in a range of $74-84\/bbl despite disruptions and OPEC+ cuts 2) No govt intervention on any policy impacting the sector at large, no fuel retail price cut announcements; 3) Higher global petroleum product demand given the shortage, which keeps cracks on the higher side,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Information Technology, Oil and gas, telecommunications and power saw the most inflows from foreign institutional investors between 15 and 31 January 2024. Financial services, fast-moving consumer goods ( FMCG), services, metals and mining and consumer durables witnessed outflows, as per data analysed by YES Securities. &#8220;The rally in Indian Oil &amp; Gas PSU is based on many favourable factors that have gotten even better: 1) Oil price in a range of $74-84\/bbl despite disruptions and OPEC+ cuts 2) No govt intervention on any policy impacting the sector at large, no fuel retail price cut announcements; 3) Higher global petroleum product [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-636493","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/636493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=636493"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/636493\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=636493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=636493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=636493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}