Diabytes
NSDL data News
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Despite the robust foreign inflows, benchmark indices ended lower on Friday due to profit booking in large-cap stocks.
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Indian market is extremely resilient with strong momentum and missing out on the Indian market would be a bad strategy for FPIs. In 2024, the total investments by FPIs now stand at Rs 70,737 crore to date.
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On the last trading session of the previous week, FPIs invested Rs 2,250.20 crore in the Indian markets.
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FPI activity in June will be crucially influenced by the election results to be announced on June 4.
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The forex reserves of India plunged to USD 351.73 billion, due to the RBI's attempt to stem the fall in rupee value and maintain the currency in it's comfort zone.
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