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Tag: Foreign Institutional Investors

Sensex Hits Record Peak Of 40,435; Nifty Nears 12K

Mumbai: Market benchmark BSE Sensex rallied over 269 points to hit its intra-day peak of 40,434.83 in early trade on Monday led by gains in ICICI Bank, RIL, ITC, TCS and HDFC Bank amid positive global cues and unabated foreign fund inflow. Similarly, the broader NSE Nifty advanced 75.85 points to 11,966.45, inching closer to […]

Sensex hits record intra-day high at 40,390 pts; IT stocks up

Mumbai: A massive inflow of foreign funds on the back of positive global cues along with expectations of further economic reforms like reduction in certain taxes and healthy quarterly results lifted the S&P BSE Sensex to touch a new intra-day record high of over 40,300 points on Thursday. The Sensex touched a record intra-day high […]

Sensex, Nifty Open Higher

Mumbai: The Sensex opened over 100 points higher on Thursday, lifted by relatively positive global cues. At 9.55 a.m., the Sensex was trading at 36,848.19, higher by 123.45 points after the benchmark index opened at 36,821.71 from its previous close of 36,724.74. The Nifty was trading at 10,897.55, higher by 52.90 points. Meanwhile, Foreign Institutional […]

Budget impact: FIIs sell nearly Rs 3,000 cr in 6 sessions

Mumbai: Foreign Institutional Investors (FIIs) have pulled out nearly Rs 3,000 crore after the Budget proposed a higher surcharge on the super-rich impacting most FPIs. In just 6 sessions since the Union Budget was proposed, FIIs offloaded Rs 2,937.53 crore worth of shares. Institutional investors play a dominant role in day-to-day market movement in India. […]

Sensex ends lower as China reports weak trade data

Mumbai: Indian markets closed lower on Friday following Asian markets which slid as the second largest economy China reported trade data. Markets were choppy throughout the day ahead of India’s key macro-data release. The S&P BSE Sensex closed 86.88 points lower at 38,736.23 while the Nifty declined by 30.40 points or 0.26 per cent to […]

Rupee slips 12 paise to 69.48 vs USD in early trade

Mumbai: The rupee opened on a weak note and declined 12 paise to 69.48 against the US dollar in opening trade Wednesday, amid simmering geopolitical tensions in the Middle East and higher crude oil prices. The rupee opened weak at 69.40 at the interbank forex market and then fell further to 69.48, down 12 paise […]

Rupee rises 32 paise to 69.70 vs USD in early trade amid easing crude prices

Mumbai: The rupee appreciated by 32 paise to 69.70 against the US dollar in opening trade Tuesday, amid easing crude prices and weakening of the greenback vis-a-vis some currencies overseas. The rupee opened strong at 69.83 at the interbank forex market, then gained further ground to touch 69.70 per dollar, displaying gains of 32 paise […]

RBI monetary policy, rupee, fund inflows to steer Indian equities

Mumbai: The monetary policy outcome of the Reserve Bank of India (RBI), movement of the Indian rupee and inflow of funds are expected to set the trend for the Indian equity markets during the trade week starting April 3. Besides, the release of major global data, such as the minutes of the Federal Open Market […]