Domestic institutional investors pour record over Rs 1 lakh cr in equities in Oct

In a new monthly record, domestic institutional investors (DIIs) infused more than Rs 1 lakh crore in Indian equities in October amid heavy selling by foreign institutional investors (FIIs), thus keeping the stock market healthy compared to its global peers.  This sustained DII activity came as the cumulative foreign portfolio investor (FPI) selling in equity … Read more

Rupee trades flat against US dollar on Thursday

Indian rupee was trading flat against the US dollar on Thursday pressured by firm American currency at overseas markets with caution ahead to the US presidential election due on November 5, and weak domestic equities following persistent foreign fund outflows also kept the rupee under pressure. Foreign institutional investors (FIIs) were net sellers in the … Read more