Page 16 - Fpi Flows News Today

Why the rupee is on a slippery wicket March 01, 2021 × The rupee’s sudden fall on Friday, amounting to 1.4 per cent, took the currency market by surprise. The Indian currency had been gradually appreciating against the dollar since the beginning of this year, gaining almost one per cent, until February 25. The rupee’s strength was mainly due to the weakness in the dollar and foreign portfolio inflows in the equity market. But the mayhem in financial markets towards the end of last week has...

Broad-based buying was visible in the market with banking shares leading gains. Nifty Bank, the banking sub-index of NSE, was up 1.79%.

Except for IT, most other sectors witnessed buying today with metal stocks leading the rally. Nifty Metal, the metal sub-index of NSE, rose nearly 2%.

Among Nifty stocks, M&M was the top loser, down 4.6%. ITC, Axis Bank, SBI Life insurance, L&T, Dr Reddys Lab were the other prominent losers in the Nifty.

The Nifty maintained positive bias for most part of the previous trading day and ended at the high point. It snapped it 2 day losing streak and was led higher by shares of Reliance Industries. 

Gains in the market were led by IT stocks with Nifty IT, NSEs sub-index for IT stocks, rising 1.10%. Banking stocks also added to the gains in Nifty.

Nifty Bank snaps 9-day gaining streak in a choppy session, ends below 36000 India VIX snaps 3 day gaining streak, faces resistance at 200-DMA Mumbai: Yesterday was an extremely choppy session for Indian equities with the Nifty slipping below 15000 during intraday trade before closing flat with a positive bias. It took support near the RBI policy day high of 15015 multiple times during the previous trading session.  The Nifty Bank snapped its 9-day gaining streak to end below 36000 and underper...

The Nifty posted its best weekly gain since 12 April 2020 by rising almost 10 percent. It also traded above 15000 for the first time while Nifty Bank gained over 16 percent last week.

Except for pharma, most other stock indexes were in the positive territory today. Among Nifty stocks, IndusInd Bank was the top gainer, up 3.11% followed by Tata Motors and BPCL, which gained 2.98% and 2.26% .

The Nifty extended its losing streak to 5 days in a row despite recovering more than 100 points intraday. The 50-stock index also snapped its 3 series winning streak by declining little over a percent.