In September, foreign portfolio investors (FPIs) recorded net buying of Rs 57,723 crore, a significant increase from Rs 7,320 crore in the previous month. Buying occurred across sectors like Financial Services, FMCG, capital goods, and telecom, while consumer services, construction materials, and IT saw net sales.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend