SGX Nifty rises 43 points amid firm Asian cues; market outlook, FPI flow trend, dollar movement & more
Dollar edged lower, improving risk appetite. Technical charts, however, hints at a weak trend for equities.
Source: businesstoday.in
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Dollar edged lower, improving risk appetite. Technical charts, however, hints at a weak trend for equities.
Data showed FPIs bought Rs 34,959 crore worth of equities in November, the second biggest monthly FPI inflow in 2022 so far
Investors will also keep an eye on some important quarterly results including are Biocon, HUDCO, IRCTC, NBCC (India), NMDC, ONGC, SpiceJet, Grasim Industries on November 14, and Rajesh Exports on November 15
Analysts largely believe FPI flows could remain volatile during the first half of 2023, given higher interest rates and geo-political situation.