The amount of FPI inflows in financial services during the fortnight is the highest in the sector since February 2021. As a result, the share of financial services in FPIs’ equity portfolio reached 32.28% as of November 15, 2022 – the highest in 18 months. Financial services is the highest weighted sector for the FPIs.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created