1/7 Kolkata Knight Riders’ Rinku Singh celebrates after scoring the wining boundary against Punjab Kings during an Indian Premier League cricket match in Kolkata. (Photo: AP) 2/7 Kolkata Knight Riders’ Andre Russell dives unsuccessfully to reach the crease during Indian Premier League cricket match between Kolkata Knight Riders and Punjab Kings in Kolkata. Andre Russell […]
Day: July 3, 2023
Nomura retains negative view on Indian rupee despite JPMorgan index inclusionNomura retains negative view on Indian rupee despite JPMorgan index inclusion
The Indian rupee‘s outlook remains weak and any rally in the currency following JPMorgan’s index inclusion should be used to build long USD/INR positions, economists at Nomura said in a note, raising the conviction level on its long USD/INR positions to the maximum. The rupee had climbed to near 82.80 against the U.S. dollar following […]
FPIs take out Rs 9,800-cr in October on rise in US bond yields, geopolitical uncertaintiesFPIs take out Rs 9,800-cr in October on rise in US bond yields, geopolitical uncertainties
Foreign investors have pulled out nearly Rs 9,800 crore from Indian equities this month so far owing to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. This came after Foreign Portfolio Investors (FPIs) turned net sellers in September and pulled out Rs 14,767 crore. Before the outflow, […]