Foreign institutional investors (FIIs) continued their selling spree on Thursday, offloading Indian equities worth Rs 6,867.72 crore even as domestic buyers remained net buyers at Rs 3,718.38 crore. Notwithstanding the sell-off by foreign investors, Indian headline indices on Thursday ended in the green for the second day in a row aided by strong gains in … Read more
To date, the market has performed better than expected. The surge can be attributed to a relief rally following a significant sell-off that took place between December 2022 and March 2023. During that period, the domestic market underwent an 11% correction, driven by concerns about a global recession that could potentially result in a local … Read more
Mumbai: Domestic institutional investors (DIIs) led by mutual funds and insurers have pumped ₹2.16 lakh crore into Indian equities so far in 2022, helping cushion the impact of the ₹2 lakh crore plus outflow from foreign funds on the stock market. Unabated flows from retail investors into equity mutual fund schemes have been the main … Read more
Last week, while interviewing potential job seekers, I was pleasantly shocked. Mr A, not a Marwari or Gujarati, engineer from IIT Mumbai, after passing out with a degree in civil engineering, has become a day trader. He is trading Nifty futures and options from his one BHK flat in Jogeshwari. He shares the flat with … Read more