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This is the first time annual remittance outflows contracted since 2015 when the Reserve Bank of India (RBI) doubled the annual limit for sending money abroad to $250,000 and allowed more current account transactions under the Liberalised Remittance Scheme (LRS).
Macroeconomic data, bond yields, vaccine progress likely to impact market in holiday-shortened weekNifty managed to close the week on a positive note led by heavyweights such as Reliance Industries, TCS and Infosys amid some volatility and negative market breadth.
from Stocks-Markets-Economic Times https://ift.tt/3v32Yrm
… Read MoreNifty could touch new highs in MarchThe Nifty ended down 142.65 points, or 1 per cent, at 14,938.10 on Friday. The Index rose 2.8 per cent last week and outperformed all regional peers, except Thailand.
from Stocks-Markets-Economic Times https://ift.tt/3v3oigl… Read MoreTokyo stocks rise on US jobs dataThe benchmark Nikkei 225 index was up 1.03 percent or 298.67 points at 29,162.99 in early trade, while the broader Topix index edged up 0.97 percent or 18.32 points to 1,914.50.
from Stocks-Markets-Economic Times https://ift… Read MoreM-cap of RIL, 7 other cos zooms by Rs 1.94 lakh crore in a weekRIL added Rs 60,034.51 crore to take its valuation to Rs 13,81,078.86 crore.
from Stocks-Markets-Economic Times https://ift.tt/3uUT9LU
… Read MoreFPIs turn net sellers, pull out Rs 5,156 crore in March so farAccording to FPI statistics available with depositories, overseas investors pulled out a net Rs 881 crore from equities and Rs 4,275 crore from the debt segment between March 1-5, taking the total net withdrawals to Rs 5,156 … Read More
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