On a net basis, foreign portfolio investors (FPIs) bought shares worth a net of Rs 130.25 crore Wednesday, and domestic institutional investors (DIIs) were net buyers to the tune of Rs 502.26 crore.
The US dollar rebounded against other major currencies as the US Federal Reserve decided to keep interest rates steady after its two-day policy meeting.
US stocks closed mixed as investors shifted their focus from midterm elections to the central bank's monetary policy.
The US Federal Reserve on Thursday left key interest rates unchanged, in line with market expectations, keeping the central bank on track to have one more rate hike in December.
Former Union Minister P. Chidambaram on Saturday said the Raghuram Rajan story is being repeated as Prime Minister Narendra Modi is trying to remove RBI Governor Urjit Patel from his post because the Swadeshi Jagran Manch (SJM) wants Patel to exit from the office.
U.S. homebuilders’ earnings have been hit by rising mortgage rates in the latest quarter, but their shares are showing signs of recovering.
Gold rose on Thursday as the dollar retreated and made the metal less expensive for holders of other currencies.
Investors pulled the most money out of emerging market stocks last month since the ‘taper tantrum’ panic of 2013 when the U.S. Federal Reserve first hinted at reducing its post crisis stimulus programme, financial flows data has showed.
Gold slid to its lowest in nearly three weeks on Wednesday as the dollar jumped and stock markets regained momentum following a spate of heavy losses, pointing to an improved environment for riskier investments.
Dan Ivascyn, the group chief investment officer at bond giant Pacific Investment Management Co, on Tuesday called the high-yield bond market “one of our least favorite sectors” against the backdrop of a likely interest-rate increase by the U.S. Federal Reserve in December despite President Donald Trump’s criticism.