Rupee is likely to experience slight depreciation in 2025, driven by volatile foreign portfolio investor (FPI) flows and a potentially stronger US dollar, as per a Bank of Baroda report. Despite a 2.8 per cent depreciation in 2024, INR outperformed several global currencies, aided by the Reserve Bank of India’s (RBI) active forex market interventions…
NEW DELHI: Foreign investors made a strong comeback and infused Rs 24,453 crore in the Indian equity markets in the first week of the December, according to data from the National Securities Depository Limited (NSDL). The single largest investment came on December 6, with FPIs investing Rs 9,489 crores.The FPIs investment in the December represents…
NEW DELHI: Indian equity markets gained ground on Tuesday, with the BSE Sensex rising by 148.80 points, or 0.19%, at 79,644.95, while the Nifty50 advanced 69.05 points, or 0.29%, at 24,210.35. The upward trend followed a cautious start to the week on Monday when global cues, foreign institutional investor (FII) selling, and muted quarterly earnings…
NEW DELHI: Foreign investors continued to be net sellers as they withdrew approximately Rs 20,000 crore from the Indian equity markets in the past five trading sessions from November 4-8, primarily due to higher stock valuations and reallocation to China. Total FPI outflows in the equity market have reached Rs 13,401 crore this year. Earlier,…
