FPI Rush: Financials, healthcare lead inflows in September, IT sector faces sell-off | Stock Market News

FPI Rush: Financials, healthcare lead inflows in September, IT sector faces sell-off | Stock Market News

Source: Live Mint Foreign Portfolio Investors (FPIs) extended their buying spree in the Indian stock market for the fourth consecutive month in September, buoyed by the US Federal Reserve’s supersized 50 basis point interest rate cut.  According to data from the National Securities Depository Ltd. (NSDL), FPIs injected ₹57,724 crore (approximately $6.89 billion) into domestic…

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FIIs’ single day F&O addition at 11-year high

FIIs’ single day F&O addition at 11-year high

Source: Live Mint A dramatic surge in purchases of index futures contracts and in cash buying by foreign investors on Friday signalled a sharp improvement in their sentiment towards India. The bullishness became apparent after the US Federal Reserve cut its policy rates by an outsized 0.5 percentage points on Wednesday. Market watchers said this…

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The US Fed rate cut effect: Foreign investors splurge on Indian shares on Day 2 | Stock Market News

The US Fed rate cut effect: Foreign investors splurge on Indian shares on Day 2 | Stock Market News

Source: Live Mint Foreign investors upped the ante in Indian markets on the second day after the US Federal Reserve’s larger-than-expected interest rate cut, catapulting the benchmark Nifty 50 and Sensex indices to fresh highs. To be sure, part of the ₹14,000 crore provisional buying by foreign institutional investors on Friday was due to index…

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