Daily Headlinez Top News Updates
The Reserve Bank of India (RBI) on Tuesday announced a $5 billion USD/INR buy-sell swap auction scheduled for May 26 as part of efforts to inject long-term liquidity into the banking system, PTI reported. The move also comes at a time when the rupee has weakened sharply against the US dollar amid continued global uncertainties….
MUMBAI: Infosys and Bharti Airtel led a 638-point sensex rally on Monday, its second session of rebound after days of slide, as the reversal in rupee’s strength against the dollar enthused Dalal Street investors. The rise in the sensex, however, came even as foreign funds were net sellers, BSE data showed. Over the past few…
MUMBAI: In October, foreign portfolio investors (FPIs) turned net buyers of stocks in the Indian market again, and infused a little over Rs 14,600 crore. Between July and Sept this year, FPIs had net sold stocks worth a little over Rs 76,600 crore, data from NSDL showed.The net buying by foreign funds was because of…
