Asian markets rise ahead of Powell’s testimony and US earnings season. Investors eye Fed’s rate cut outlook and China’s policy meetings. Bond markets react to PBOC actions. S&P 500 hits new high. Earnings season expectations increase. Oil stable amid Hurricane Beryl. Gold rebounds from previous losses.
FPIs record unprecedented Rs 1.13 lakh crore sell-off in October, remain buyers in cash market
The duality in the behavior of FPIs is explained by Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, stating that the primary