Fortnightly inflows have been consistently increasing for the third time in a row with the second half of August having an inflow of $3.7 billion. India has been a big beneficiary of foreign fund inflows to the South Asian region. In the current quarter to date, Asia’s third-largest economy received inflows of $7.5 billion, Bloomberg data showed.
Tech View: Nifty breaches 200 DEMA, signalling bearish sentiment. How to trade on Tuesday
The Nifty faced selling pressure, closing below 23,700 and breaching the 200-day EMA, signalling a bearish trend. Failure to hold current levels could see support