December 19, 2024

foreign institutional investors

Rupee hits all-time low; TCS, Infosys, HCL Tech among stocks to benefit from weak currency, say experts | Stock Market News

Rupee hits all-time low; TCS, Infosys, HCL Tech among stocks to benefit from weak currency, say experts | Stock Market News

TheSpuzz Desk07 mins

Source: Live Mint The declining value of the rupee against the US dollar presents a mixed impact on various industries. Some sectors are facing challenges, while others, particularly software exporters, are optimistic about potential benefits in the future. A significant portion of Indian IT services companies’ revenue comes from overseas contracts, particularly in North America….

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Stock to buy or sell: Dharmesh Shah of ICICI Securities recommends buying L&T tomorrow | Stock Market News

Stock to buy or sell: Dharmesh Shah of ICICI Securities recommends buying L&T tomorrow | Stock Market News

TheSpuzz Desk08 mins

Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, declined on Friday, concluding the week in negative territory, as worries over lackluster corporate earnings and ongoing foreign fund outflows overshadowed the gains made in information technology (IT) shares after the US Federal Reserve’s anticipated interest rate reduction. The Nifty 50…

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FIIs exodus sparks Nifty’s longest weekly fall

FIIs exodus sparks Nifty’s longest weekly fall

TheSpuzz Desk05 mins

Source: Live Mint Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world’s second -biggest economy. Analysts expect the intense battle…

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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

TheSpuzz Desk09 mins

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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