IT stocks such as Infosys, TCS and Wipro rose up to 2% on Wednesday after the sharp fall in the rupee past the Rs 90 per dollar mark spurred renewed buying in high-export technology names. The currency’s fall to an unprecedented 90.13 against the US dollar, its weakest level ever, pushed investors towards dollar income […]
Mumbai: Net foreign investment in Indian debt through fully accessible route (FAR) eligible bonds remained modest at around ₹5,760 crore in November. The month saw both inflows and outflows – the former driven by expectations of a rate cut this week, and the latter driven by the rupee’s recent depreciation to record lows. Economists said […]
Mumbai: The rupee hit its weakest level ever, falling past the psychologically significant 89 per dollar mark for the first time on Friday before closing at 89.49. The rupee weakened nearly 80 paise from its previous close and recorded an intraday low of 89.59 on Friday, LSEG data showed.Among the factors cited by traders were […]
In an attempt to facilitate a greater participation of resident Indians in the foreign portfolio landscape, the Securities and Exchange Board of India (SEBI) released a consultation document with various important proposals aimed at increasing the involvement of Indian investors at FPIs. These proposals are designed to create a more inclusive investment environment, especially for […]
New Delhi: Foreign portfolio investments in Indian markets achieved record levels in May 2025, as confirmed by National Securities Depository LTD (NSDL) Statistics, quoted by Ani. The month registered the Netto FPI inflow of RS 19,860 Crore, which established May as the strongest month for foreign investments in 2025.The period from 26 May to 30 […]