Sector Update: Consumer

Foreign investors are accelerating their sell-off of Indian stocks — with a net sale of approximately $1.06 billion on Wednesday alone, significantly higher than the previous five-day average of around $720 million. Year-to-date net sales have reached $27.8 billion, setting a new historical record. Meanwhile, if the Nifty 50 and Sensex close lower this week, it will mark the longest consecutive weekly decline in 25 years. The market closure on Friday has further heightened investor caution, and there will be some pressure for position adjustments when trading resumes next week.