Foreign Portfolio Investors net sold shares worth ₹5,101 crore on Monday, while their domestic counterparts were buyers to the tune of ₹3,532 crore. The dollar surged further after the US Federal Reserve projected further increases in interest rates to curb inflation, heightening concerns of a recession.
Nilesh Shah on why you should never predict the market
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.
June 3, 2023