Sensex, Nifty extend losses into 2nd day on rate hike fears – Times of India

[ad_1] MUMBAI: Equity benchmarks Sensex and Nifty buckled under selling pressure for the second straight session on Friday as a bearish trend in global equities and concerns over rate hikes by central banks unnerved investors.Besides, selling pressure in index majors Reliance Industries, Infosys and L&T also dragged the benchmark indices lower, traders said.The 30-share BSE … Read more

FPIs buying spree continues; invest Rs 9,800 crore in equities this month – Times of India

[ad_1] NEW DELHI: Foreign Portfolio Investors (FPIs) continued their buying stance and pumped in close to Rs 9,800 crore in Indian equities this month so far, on strong economic growth and attractive valuations of stocks.This came following a nine-month high investment of Rs 43,838 crore in equities in May, Rs 11,631 crore in April, and … Read more