Foreign portfolio investors (FPIs) flocked to Indian markets in early December, pouring ₹22,766 crore, primarily into financial services, IT, and real estate. However, oil and gas, auto, and FMCG sectors witnessed outflows. While financials saw significant withdrawals throughout 2024, telecom and services experienced renewed interest after November’s outflows.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created