FIIs maintain aggressive selling spree in Indian market, sell equities worth Rs 66,600 cr in Jan so far

FIIs maintain aggressive selling spree in Indian market, sell equities worth Rs 66,600 cr in Jan so far

Foreign Institutional Investors (FIIs) have maintained a consistent selling trend in the Indian equity markets throughout January, being net sellers on almost every trading day this month, with total equity sales in the cash market reaching Rs 66,602 crore as of January 24th. The data has been procured from the National Securities Depository Limited (NSDL). … Read more

Room for more upside in Gold amid geopolitical uncertainty

Room for more upside in Gold amid geopolitical uncertainty

In October, Comex gold (December) surged by 3.4%, extending its winning streak to four consecutive months and reaching a record high of $2,801.80 per ounce. Meanwhile, in India, MCX gold hit an all-time high of Rs 79,775 per 10 grams, marking its third straight month of gains. This rally in gold has been driven by … Read more