India Equity Market

Selling pressure persists; FIIs offload Rs 25,564 crore worth equities in August so far

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Selling pressure persists; FIIs offload Rs 25,564 crore worth equities in August so far

Foreign Institutional Investors (FIIs) continued their selling spree in August, offloading equities worth Rs 25,564 crore through the exchanges up to August 23. This took the total equity selling by FIIs this year up to that date to Rs 1,57,440 crore, according to market data. FIIs have not only been sellers in equities but have … Read more

Indian markets decline amidst US bond market sell-off and rising yields

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Indian markets decline amidst US bond market sell-off and rising yields

Mumbai: India’s equity indices weakened on Thursday, mirroring an overnight sell-off on Wall Street, after a sharp sell-off in the American bond market pushed up the yields on long-term treasury bonds there. The NSE Nifty fell 0.8%, or 203.75 points, to finish at 24,609.70. The BSE Sensex moved 0.8%, or 644.64 points, lower at 80,951.99. … Read more