Foreign portfolio investors (FPIs) continue to remain net buyers for the third month in April in Indian stock markets. They had aggressively sold Indian stocks and turned net sellers in the Indian equity market in January 2024, before turning net buyers thereafter.
Indian stock indices started Monday's trade in the green and hit their fresh highs, extending positive momentum from gains it recorded in the first week of the new financial year that started on April 1.
Snapping two weeks of cumulative losses, Indian stock indices regained some of their lost ground. Benchmark Sensex and Nifty were 0.5 per cent higher each at the time of the closing bell Friday.
Indian stock indices extended losses from the past week's closing, though marginally, and all eyes are now on a series of Q2 company earnings of sectoral majors coupled with wholesale inflation data for September due later in the day.
Indian stock benchmark indices stayed in the green Wednesday, extending gains they accumulated during the previous session. Sensex and Nifty are half a per cent higher from Tuesday's closing bell.
The selling spree continues in Indian stock markets for the third straight session after the US central bank while keeping its interest rate steady in the September meeting, hinted that it may again hike rates going ahead if need be, in its fight against inflation.
Indian stock indices touched fresh highs on Friday, largely due to strong overnight cues from US markets and consistent fund inflows by foreign portfolio investors.
Indian stock indices traded steady Wednesday early trade, after they were in the green for the past three-to-four sessions. As it seems, investors possibly are looking for mild profit booking.
Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the fifth straight month, according to data from the National Securities Depository (NSDL).
Indian stock indices traded sharply lower Wednesday and settled in the red with widespread losses in all sectoral indices. The decline was primarily due to weak market sentiment in global markets.