Flows from foreign funds into Indian equities were moderate in the first-half of 2024 on concerns over rich valuations and tight monetary policy in the US. With the dollar weakening following the rate cut in the US and India’s weight on global indices increasing, foreigners have increased their local holdings.
L&T Technology Services shares jump 3% after bagging $75 million deal
L&T Technology Services shares gained up to 3.3% after the engineering services company secured a five-year deal worth more than $75 million from a leading