FII flows, monthly expiry among 6 factors that will steer D-Street this week
Indian equity benchmarks continued their upward momentum for the fifth consecutive session on Friday, driven by attractive large-cap valuations and renewed optimism over easing foreign outflows. The BSE Sensex rose by 0.73% to settle at 76,905, while the Nifty50 advanced by 0.69% to close at 23,350. Additionally, the Indian equity benchmarks outperformed their Asian peers…
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IT weeps & FMCG moans, but $3.5 billion FII selloff shouldn’t worry Indian investors
Despite a nascent recovery in Indian markets, it’s important to highlight that foreign institutional investors (FIIs) have kept up their selling trend in the first two weeks of March. However, this was followed by an emphatic consensus that the sell-off is slowing, something which Indian investors can hang on to. With a little bit of…
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