FIIs exodus sparks Nifty’s longest weekly fall

FIIs exodus sparks Nifty’s longest weekly fall

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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FPI Exodus in October: Financial Services, Oil & Gas, Auto sectors hit the hardest so far | Stock Market News

FPI Exodus in October: Financial Services, Oil & Gas, Auto sectors hit the hardest so far | Stock Market News

Source: Live Mint Foreign Portfolio Investors (FPIs) have been persistently offloading Indian equities throughout October, shifting focus towards more affordable markets, such as China. As of October 17, FPI outflows from the Indian stock market have reached a substantial ₹70,398 crore (approximately $8.38 billion), following robust inflows of ₹57,724 crore in the preceding month. This…

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Stock market outlook: PL Capital ups Nifty 50 target to 27,867 for next 12 months; adds BEL, HCL Tech in model portfolio | Stock Market News

Stock market outlook: PL Capital ups Nifty 50 target to 27,867 for next 12 months; adds BEL, HCL Tech in model portfolio | Stock Market News

Source: Live Mint Indian stock market indices, Sensex and Nifty 50, are seeing extreme market volatility led by rising geopolitical tensions in the Middle East, a bumper 50 bps interest rate cut by the US Federal Reserve and the outcome of state elections in India. Brokerage firm PL Capital stated that the Nifty 50 is…

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