Saturday, July 23, 2022

Indian stocks record best week since Feb 2021 on buying in banking, return of foreign funds

Foreign Portfolio Investors (FPIs) had been selling equities in the Indian markets for the past nine-to-ten months barring the latest buying due to various reasons, including tightening of monetary policy in advanced economies, and rising dollar and bond yields in the US. They have pulled out Rs 226,420 crore so far in 2022, NSDL data showed.

from Economy-News-Economic Times https://ift.tt/NyjzGX2
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