FIIs exodus sparks Nifty’s longest weekly fall

FIIs exodus sparks Nifty's longest weekly fall

Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world’s second -biggest economy. Analysts expect the intense battle between bulls and … Read more

Shedding election jitters, foreign investors turn big bulls ahead of Budget

Shedding election jitters, foreign investors turn big bulls ahead of Budget

Nirmala Sitharaman, in her second successive term as India’s finance minister, will present the federal budget for 2024-25 next month. Foreign institutional investors, or FIIs, have turnedbullish ahead of the budget not just in the cash segment of Indian equities but also on the derivatives segment. The Lok Sabha election results earlier this month returned … Read more