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At the start of the May series, Telecom, Consumption, Energy, Realty, FMCG, and Banking sectors witnessed significant OI addition. FIIs’ long ratio has fallen to 40 percent in Index futures, implying a shift towards more hedged positions.
In FY24, Indian equities saw a total foreign inflow of Rs 2.08 lakh crore. Capital goods received the largest share at around Rs 46,935 crore, followed by consumer services, auto, and financial services with inflows worth Rs 32,186 crore, Rs 29,862 crore, and Rs 28,793 crore, respectively
Brihanmumbai Municipal Corporation: DBS was to purchase the required land and get its title transferred in the name of BMC before starting construction. BMC commissioner I S Chahal said the developer failed to comply with this condition.