fiis

FIIs buy Rs 2,073 crore equities on December 4, push Nifty, Bank Nifty to all time high after BJP’s election wins

FIIs buy Rs 2,073 crore equities Earlier on November 30 after the exit polls predicted BJP victory in state elections, FIIs had bought Rs 8,148 crore of equities in the Indian market. FIIs were sellers of Indian equities in the 3 months before November Foreign Institutional Investors (FIIs) extended their buying in India on December…

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cyclone

Cyclone Michaung: Schools, offices shut, flights cancelled in Tamil Nadu as cyclonic storm intensifies , authorities had evacuated nearly 7,000 people

Cyclone Michaung Dr Mrutyunjay Mohapatra, Director General, IMD said that it is a severe cyclone storm which lies 90km northeast of Chennai. “It will move parallel to the Andhra Pradesh coast. The windspeed along Andra Pradesh will become 90-100kmph from today. We have given fishermen to not venture into the sea till Dec 6. Red…

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phillipcapital

PhillipCapital predicts surge in FII flow after BJP’s win in 3 states

PhillipCapital said this is a big positive for BJP just before the general election in Apr-May 2023. This will sustain policy continuity, drive economic growth, and maintain strong earnings, backed by consistent domestic equity investments likely to persist PhillipCapital expects a positive trend in foreign investor flows into India after the Bharatiya Janata Party’s (BJP’s)…

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bjp

BJP’s election sweep calms populism fears, allays market concerns about political risks for 2024

BJP’s election A stable political environment could drive Nifty to 20,500-20,800 levels going ahead, according to analysts BJP has added two more states Rajasthan and Chhattisgarh to its double engine team of governments As the Narendra Modi-led Bharatiya Janata Party (BJP) swept three out of four state elections, winning Madhya Pradesh, Rajasthan and Chhattisgarh, markets…

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