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However, we expect the focus to shift back to 'corporate earnings recovery' in the second half
Stock Market Highlights on July 09, 2024: The benchmarks Nifty, and Sensex indices hit record highs in intraday trade
Between January and May 28, DIIs have purchased shares worth Rs 1.97 trillion. In May alone, DIIs bought shares worth Rs 44,952.16 crore
According to MF officials, opening the MF route for international investment should not make much difference to the rupee's stability, given that other routes for foreign remittance remain open
Only if more skeletons don't emerge from the closet
FIIs have been on a selling spree across most EMs, including India where they have sold over $11 billion worth of equities since October 2021 when they started to unwind their position here
Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors
Money put in by both MFs & FIIs has been strong this year, helping benchmark indices rise 20%