Domestic equities News
The Real Estate sector also saw a run-up on the back of strong demand growth seen in the luxury housing segment. Cautiousness was seen in the market ahead of ECB and BoJ interest rate decision due on Thursday.
The sell-off by foreign portfolio investors (FPIs) from the Indian equity markets has provided an opportunity to mutual fund managers, experts believe.
The sell-off by foreign portfolio investors (FPIs) from the Indian equity markets has provided an opportunity to mutual fund managers.
In line with domestic equities, the rupee on Thursday tumbled by 24 paise to hit a fresh one-week low of 64.08 against the US dollar on heavy demand for the American currency from corporates and importers.
Finance Ministry on Wednesday attributed the fall is domestic equities to turmoil in global economy and said the government is taking measures to address the challenges.
The sentiment amongst investors at the UBS India's 10th annual conference was clearly positive and interest in Indian equities was high.
Loading...