FPI selling moderated in the week to November 10, 2023 to $287 million, but there appears no respite for now.
With 7 months of granular passive fund flow data, we have a clearer picture of how passive funds are growing in India in FY24.
Mutual fund folios for October 2023, highlight that the retail spread is the big story of mutual funds in India today.
With record SIP inflows of Rs16,928 crore in October, SIPs look all set for a new high in terms of FY24 flows.
As the US dollar index regained its mojo this week, oil and gold fell sharply, even as the Indian rupee weakened.
Nifty and Sensex closed positive this week but the real action was in the sharp rally in the mid-cap and small-cap stocks.
Here are some of the stocks that may see significant price movement today.
IIP growth normalizes to 5.83% in September as export driven industries continue to witness pressure of global headwinds.
The dovishness instilled by the Fed last week has been largely curtained by the rather hawkish speech given by Powell.
Mutual fund flows in October 2023 saw a sharp rebound in debt inflows, with equity and hybrids also robust.

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