Foreign institutional investors sold Rs 23,141 crore worth of Indian financial services stocks in May, marking the third consecutive month of heavy outflows.

Foreign institutional investors sold Rs 23,141 crore worth of Indian financial services stocks in May, marking the third consecutive month of heavy outflows.

Global investors reduced their equity stake in India's financial services sector in the latter half of May, selling shares worth ₹5,181 crore. This pace of selling was…