Foreign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April’s outflows to Rs 43,967 crore. This massive selling, driven by geopolitical concerns and a lack of clear sectoral leadership, led to sharp cuts in domestic indices. Global news flows, including US FOMC and Bank of Japan rate decisions, are expected to influence future institutional activity.
Oil and data centre stocks sink after US midterms
Following the US midterm election outcomes, significant shifts have been noted, influencing both oil prices and Asian stock markets. This week, Brent crude futures plummeted