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Foreign investors divested 4,521 crore from IT and 4,036 crore from healthcare stocks in the latter half of September. This selling was driven by concerns over US H-1B visa restrictions and new pharma tariffs, impacting export-oriented sectors. Overall, FPIs sold 19,647 crore across 15 sectors during the period.
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Dimon said he was "far more worried than others" about the potential for a stock market correction.
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Experts, as well as union leaders representing air traffic controllers and security screeners, warn that the impact could grow significantly worse if the government shutdown continues and employees start to miss paychecks.
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News and Media
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