Dalal Street hails truce in West Asia, Sensex rises 3k points

Dalal Street hails truce in West Asia, Sensex rises 3k points

MUMBAI: A tentative truce in the West Asian war overnight prompted global investors to hit the buy button on Wednesday, leading to sharp gains in global markets including India. Starting in Japan, moving on to Hong Kong, China, Pakistan, UK, Germany and later in the evening to the US, all markets were in high spirits … Read more

FPI outflows near record level ‘93.7k cr’

FPI outflows near record level '93.7k cr'

MUMBAI: Net selling by foreign funds in equities is on track to break the all-time monthly record as the rupee weakened to record lows at regular intervals this month, while the West Asian war continues without any sign of downgrade and rising crude oil prices threaten India’s macro fundamentals.Foreign portfolio investors have raised Rs 93,698 … Read more