FPIs have remained net buyers in the sector in each of the past four months with an average inflow of $198 million (Rs 1,480 crore) on a fortnightly basis. Synopsis Aided by higher commodity prices, the Nifty Metal index has outperformed the benchmark Nifty 50 by 17% since the beginning of 2022. The metal index … Read more
Markets continued to witness pressure this past week after a fairly bullish run during the week before. The rangebound movement continued yet again, amid indecisiveness among the institutional players and inflation worries coming in from the developed countries. US markets continued to witness profit taking mainly because of inflation spooking investors, and Indian indices bore … Read more
Equity indices are formed by a fixed number of constituent stocks to reflect investor sentiment in the economy. An index can also be sector-specific – Nifty Bank, Nifty Metal, Nifty FMCG etc. which reflect investor sentiment in a particular industry. Now, futures are derivative contracts that obligate the parties to transact an asset at a … Read more