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May 15, 2024 10:49 AM

Indian stocks continue to remain buoyant after recent sell-off

Indian stock indices started off Wednesday's session marginally higher, extending gains for the fourth consecutive session. The upbeat start was fueled by positive overnight cues from US markets. At 9:27 am, the benchmark Sensex was trading at 73,193.81, up 89.20 points or 0.12%, while the Nifty rose 37.35 points or 0.17% to 22,255.20. All major sectoral indices, barring Nifty financial services and Nifty private bank, opened higher. Over the last week, indices had slumped consistently, which ...

May 14, 2024 12:01 PM

Indian stocks in green for second day after heavy sell-off

Indian equity markets opened marginally higher on Tuesday, extending gains from the previous session, primarily driven by fresh buying after the recent dip. At 9.19 am, the Sensex was trading at 72,979.48 points, up 203.34 points or 0.28 percent, while the Nifty was at 22,177.15 points, up 73.10 points or 0.33 percent. All sectoral indices, except for the Nifty Pharma and Nifty Healthcare indices, were in the green at the time of writing. Over the past week, the indices had witnessed consisten...

May 5, 2024 11:17 AM

Foreign portfolio investors return as buyers in Indian stock market

Foreign portfolio investors (FPIs) have resumed their role as net buyers in the Indian stock market in May, marking a turnaround from their selling spree in April. According to data from the National Securities Depository Limited (NSDL), FPIs purchased equities worth Rs 1,156 crore in India up to May 3.   In April, FPIs turned net sellers in Indian stocks, as the ongoing geopolitical crisis in the Middle East then likely pushed investors to take money off their portfolios.   FPIs, who cont...

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