“Despite general FII exits from consumption and financials, steady inflows into the Capital Goods sector suggest continued FII conviction in India's manufacturing and infrastructure cycle. This indicates a sustained bullish sentiment from foreign investors towards this sector for the near to medium term.”
JM Financial Analysis’s track record: 4 graded calls · 95% CI 5–70%
Capital Goods sectorBullishCalled 09 May 2026Graded 19 Jul 2026
Nifty Capital Goods declined from ₹9315.65 to ₹9122.35, a decrease of 2.08% over 30 days, which contradicts the bullish sentiment.
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