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FPIs sold $288 Million in Indian equities in the truncated week, taking FPI selling in stocks in last 6 weeks to $14 Billion

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FPI selling was subdued in the week, but the market undertone continues to be negative amidst the wave of global events

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The company also reported revenue from operations to ₹3433.7 Crore. The EBITDA margin for the quarter that ended on September 30, 2024 stands at 17.5%.

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Once again it was the IT sector that stood out, but the overall sentiments in the market were just too weak

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Spot gold had risen 0.4% to $2,571.11 an ounce, following a two-month low the previous week. On Friday, gold saw its largest weekly drop in almost three years.

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Addressing the World Affairs Council, Powell laid out how data is likely to impact the rate stance of the Fed

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The month of October saw the trade deficit widening as the West Asia crisis made oil pricier for India

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The ICICI Pru Equity Minimum Variance Fund focuses on Nifty and front line stocks with low levels of volatility

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The euro was temporarily stabilised at $1.0530 thanks to the drop, but it was still uncomfortably near the previous one-year low of $1.0496.

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U.S. West Texas Intermediate crude prices were up 9 cents, or 0.1%, to $67.11 a barrel, while Brent crude futures had increased 20 cents, or 0.3%, to $71.24 a barrel.

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