Foreign investment institutions invested nearly Rs 7,200 crore in Indian stocks in March so far
Foreign investors have poured Rs 7,200 crore into Indian stocks so far this month, mainly driven by the massive investment in Adani group companies by US-based GQG Partners. Going forward, FPIs are likely to be cautious in the near term as there is a sense of risk-off in equity markets globally due to stress in […]
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Markets Take Gains Ahead of Fed’s Interest Rate Decision; Bank stocks rose
Equity markets rose slightly as investors around the world shifted their focus to the US Federal Reserve’s interest rate decision after the conclusion of the two-day meeting of the Federal Open Market Committee. The ongoing crisis in the banking sector has raised hopes that the US Federal Reserve will push to raise […]
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Indices are faltering due to the selling of US bank stocks; Sensex fell 671 points
The Indian stock market tumbled along with its global peers on Friday after a sell-off of more than $50 billion in US banks, prompted by the crisis at Silicon Valley Bank (SVB), triggered risk-taking bets. The tension ahead of the release of US payroll data also affected the market. The Sensex index […]
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Citibank update raises metal stocks; Nalco and SAIL share gains
Metals stocks rose on Monday after Citibank upgraded its rating for the sector from “underweight” to “neutral”. The brokerage believes that the reopening of the economy in China is likely to lead to pricing as well as a recovery in demand in the metals sector. The BSE metals index rose 1.5 percent, […]
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Indicators monitor Covid fears, failed buying in telecom companies, and bank stocks
Stock indices closed in positive territory after trading lower for most of Thursday’s session on the back of failed buying in telecom, banking and metal stocks amid the expiration of monthly derivatives contracts. The 30-share BSE Sensex index rose 223.60 points, or 0.37 percent, to settle at 61,133.88 points. On the day, it […]
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FPI outflows, weak IT stocks weigh on benchmark indices
Benchmarks fell on Friday due to a combination of weakness in information and technology stocks and selling by foreign portfolio investors (FPIs). The benchmark Sensex index fell 389 points to end the session at 62,181.67 points, down 0.62 percent, and the Nifty index ended the session at 18,496.60 points, down 113 points, or 0.61 […]
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The losers are in the real estate and auto stocks, as the indices give a mixed response to the interest rate hike
The BSE Sensex fell for the fourth consecutive session on Wednesday after the Reserve Bank of India (RBI) raised its key interest rate by 35 basis points and lowered the country’s GDP growth forecast to 6.8 percent for the current fiscal year. Dealers said that the calmness of Asian markets and continued selling by […]
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Morgan Stanley upgrades Chinese stocks as the country eases restrictions on Covid
Morgan Stanley lifted Chinese stocks on optimism about the country easing restrictions to slow the spread of Covid-19. “Multiple positive developments along with a clear path set towards reopening the upgrade note and increasing the index target for China,” the brokerage said in a note. MSCI China’s return on equity (ROE) is likely to […]
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FPIs invest Rs19,000 crore in stocks in November on lower US inflation and dollar
Foreign investors have injected nearly Rs19,000 crore into Indian stocks so far this month, mainly due to the mild trend in US inflation and the weakening dollar. This followed a net outflow of just Rs 8 crore last month and Rs 7,624 crore in September, data with warehouses showed. Prior to these outflows, […]
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converting foreign investment institutions (FPIs) into net buyers; Invest Rs 15,280 in stocks in the first week of November
After withdrawing funds in the past two months, foreign investors came back strongly in the first week of November and injected Rs 15,280 crore into Indian stocks in the hope that the US Federal Reserve would pull back on rate hike. Going forward, inflows of foreign portfolio investors (FPIs) are expected to remain volatile […]
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