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The market rally has been backed strongly by consistent inflows from foreign institutional investors (FIIs).
Urban remittances rise to near normalPlaces like Punjab and Kerala recorded more than 30% rise in remittances over last year, data collated by several payment companies showed. The trend on reverse remittances too altered with migrants finding stable jobs and st… Read MoreMore investors are betting on international funds nowSchemes like Franklin US Opportunities Fund, Axis Global Equity Alpha Fund of Fund, PGIM India Global Equity Opportunities Fund, Motilal Oswal S&P 500 Index Fund and ICICI Prudential US Bluechip Equity Fund have seen huge… Read MoreFPI flows take Sensex to new highFriday’s GDP data showed that the Indian economy contracted 7.5 per cent in the September quarter, which was lower than what the Street expected. With the rollout of vaccines against Covid-19 expected soon, investors are hopi… Read MoreStocks in the news: Tata Motors, Hero MotoCorp, YES Bank, Wockhardt & ITCHero MotoCorp sold 591,09 units of motorcycles and scooters in November, up 14.4 per cent over the corresponding month of the previous year.
from Stocks-Markets-Economic Times https://ift.tt/3lw7Uip
… Read MoreBank Nifty may rise up to 4% this week on RBI policy meetThe expectation is for the Bank Nifty to rise a maximum of 4 per cent from the spot closing of 29,818 on Tuesday to 31,000 by or after December 4. All options expire on December 10.
from Stocks-Markets-Economic Times https:/… Read More
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