FPIs offloaded ₹25,586 crore worth of Indian equities and the total outflow stands at ₹12,911 crore as of May 31, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The total debt inflows stand at ₹8,761 crore in May 2024. “FPIs have been sellers in equity on most … Read more
In the third week of May, investors will keenly eye the ongoing the January-March quarter results for fiscal 2023-24 (Q4FY24), domestic and global macroeconomic data, foreign fund outflows, crude oil prices, and global cues. Domestic equity benchmarks declined two per cent during the past week, logging their worst since mid-March and snapped two straight week … Read more
The stock market experienced volatility throughout last week, ultimately ending nearly unchanged amid conflicting signals. While the overall sentiment was positive initially, fluctuations in global markets coupled with declines in certain major stocks offset much of the gains. Also Read: US Fed to hold rates at 23-year high-mark until inflation cools, slows pace of balance … Read more