Key Points
New Delhi [India], May 14 (ANI): Indian stock indices opened marginally in the green Tuesday, extending the positive momentum from the previous session closing, primarily due to fresh buying after the latest dip...
All sectoral indices, barring Nifty pharma and Nifty healthcare index, were in the green at the time of filing this report...
Over the last week, indices had slumped consistently, which analysts asserted was due to a strong US dollar, uncertainty in Lok Sabha elections outcome after a decreasing voter turnout trend seen so far in the phases that went to vote, and a profit booking after the recent rally...
Also, continued selling by foreign portfolio investors (FPIs) and lower-than-expected earnings by some of the market moving corporate majors weighed on investor sentiment...
Foreign portfolio investors (FPIs), who continued to remain net buyers for the third month until mid-April, have cumulatively sold stocks worth Rs 8,671 crore during the month, National Securities Depository Limited (NSDL) showed..
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