So far this financial year, FPIs pumped in over Rs 20 billion into domestic stocks, helping Sensex climb 3%
Sensex soars 198.94 pts to close at record 34,352.79; Nifty gains 64.75 pts to end at new peak of 10,623.60
For one, BSE celebrates almost every 1,000-point milestone for its benchmark index, the Sensex
Pharma stocks stood out following a string of USFDA clearances
The loss for the Sensex read 372.69 points over the previous two sessions
Sensex reached a new peak during the day, but lost its grip before settling at 33,731.19
Large caps outperformed broader market, gains driven by FPIs, which bought shares worth Rs 1,000 cr
The Nifty also came down from record, but managed to close above 10,300
Despite rally, over 60% of BSE 500 companies see their 12-month target price revised downwards
The benchmark BSE Sensex rose 0.7 per cent and the National Stock Exchange's Nifty 50 gained 0.9 per cent at the close in Mumbai
The biggest risks to those forecasts were persistent weakness in economic activity and lower-than-expected corporate earnings, according to analysts.
Sensex drops most since Nov; rupee recovers after falling to 6-month low
July IIP data and retail inflation for August are slated for release later in the day
The rupee stoked more worries, slumping to a three-week low against the dollar during the day
Investors went looking for bargains in banking, oil and gas and automobile stocks
Infosys stock made a significant rally by climbing 1.98 per cent to Rs 894.50 on value-buying
The benchmark Sensex, which stayed up for the most part of the day, hit a high of 31,937.51
BSE's total market capitalisation declined by Rs 529,590 crore to Rs 127,98,957 crore today.
Sensex closed at 32,309.88, down 0.23%, while the Nifty ended at 10,014, down 0.1%
Sensex had retreated from record by plunging 364 points in the previous session