Comments
Foreign portfolio investors (FPIs) have purchased around $1.4 billion worth of stocks in the cash segment of the stock markets in just three days this week.
Thanks to this increased appetite for Indian stocks among FPIs, the Sensex touched a new life-time high of 40,392 on Thursday.
The markets also seem to have ignored the poor fiscal deficit numbers, which touched 92.6 per cent of the budgeted target for the year.
However, the Sensex closed with gains of just 77 points or 0.19 per cent at 40,129 on profit-booking. The broader index Nifty gained 33 points or 0.28 per cent at 11,877.
YES Bank shares were the top gainer in the market on Thursday after rising nearly 30 per cent.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.