By earn 
FIIs bought $1 billion in IT stocks; sold $1 bln in financial services in second half of July 📊
📮 Foreign investors bought over $1 billion in IT stocks in the second half of July, driven by strong June quarter earnings meeting expectations, sparking optimism about sector recovery.
📮 Conversely, they sold nearly $1 billion in financial services due to slower deposit growth reported by many lenders. Recently, the RBI governor expressed concern over structural changes in the financial sector, noting that faster credit growth compared to deposit growth could expose the banking system to structural liquidity issues.
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