FPIs sell over Rs 31,000 crore worth shares of financial services, buy IT again

Foreign portfolio investors (FPI) sold shares worth ₹41,926 crore across 14 sectors on average in the January 16-31 period. Other than financials, fast-moving consumer goods (FMCG), services, and metals were among the sectors that witnessed outflows.

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department’s report indicating an increase of 165,000 jobs last month, which far exceeded economists’ forecasts. As

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